The Bolivian government signed natural gas development contracts with Spain’s Repsol, Brazil’s Petrobras, Royal Dutch Shell and Pan American Energy earlier this week. Covering blocks
Tag: Repsol
War-Torn Libya’s Major Oilfield Shut Down Again
A group of armed men forced Libya’s major oilfield el-Sharara to close late on Sunday (1 October), effectively shutting down production of more than 230,000
Libya’s Oil Output Reduced by 252,000 bpd Due to Riots
Libya’s oil production has been reduced by 252,000 barrels per day – the country’s National Oil Corporation (NOC) announced yesterday (28 March). Oil output from
Exxon Announces New Natural Gas Discovery in Papua New Guinea
Exxon Mobil Corporation announced yesterday (28 December) a new natural gas discovery in Papua New Guinea. The company said it has a 42.5 percent stake
Britain’s BP Likely to Cut its Investment Budget
Britain’s oil giant BP has published its second-quarter profits revealing that they plummeted by 45 percent as the global oil oversupply had dragged revenue and
Iran to Finally Introduce a New Oil Investment Deal
Iran’s Deputy Oil Minister, Rokneddin Javadi, said yesterday (5 May) on the state TV that a new oil investment contract for international oil firms will
Iran’s Nuclear Deal Likely to Spur Exports and Drag Oil Price Down
Iran’s nuclear deal with the world powers is expected to spur the country’s oil exports and thus further support the downward trend in global oil