Tag Archives: Production

Novak was a key driver of the push for Libya and Nigeria. whose surging production earlier this year helped to crash oil markets.

Egypt’s Eni SpA-operated Zohr natural gas field has started production. bringing the country closer to its goal of energy self-sufficiency.

Oil prices rose on Monday. although the 2018 outlook points to ample supply despite production cuts led by OPEC.

By expanding infrastructure both upstream and downstream. Kuwait is positioning itself to capitalise on rising global energy demand.

IEA expects imports increasing by over 5 per cent per year through 2022.

Rosneft has plans to jointly develop the Val Shatskogo (Shatsky Ridge) oilfield with Italy’s Eni.

The two most critical forecasts of global oil markets offer contrasting visions for 2018: OPEC and IEA.

Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.

After a six-year absence. BP Plc returned to the solar-energy business with a $200 million investment in a British company that develops and maintains photovoltaic farms in Europe.

Oil markets have increased on the back of a fourth consecutive weekly fall in US crude inventories.