Tag Archives: International

Libya agreed its oil production would not exceed 1 mln bpd. and Libya said it would bring its output in line with the target next year.

Russia has three oil export terminals on its Arctic coast.

Iran and Sri Lanka enjoy long-lasting experience in political. economic and diplomatic cooperation.

Under the current deal the producers are cutting supply by about 1.8 million barrels per day (bpd).

Eni Norge holds a 65-percent stake and acts as operator of the Goliat field.

Iraq has asked BP to help increase output from Kirkuk oilfield to more than 700.000 barrels per day.

Producers in the Middle East. most of which are OPEC members. have supplies that are relatively less expensive to produce.

BP completed seven major projects this year. in Egypt. Trinidad and Tobago. Oman. Australia and in the North Sea.

Cold weather in Europe in late November and so far in December has seen demand for Russian gas surge again.

GE shares were up 0.5 percent in premarket trade. However. the company’s shares have sunk 44 percent this year.