Country’s production levels rise despite an increase in violence
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Posted inExploration
Global oil exploration nears $1 trillion
IOCs make small scale discoveries despite huge budget
Posted inNews
Oil prices swing on new market concerns
Brent surges to nine-month high of $115/bbl following ISIS attacks
Posted inNews
Libya to double production as oil field reopens
The El Sharara oil field is capable of producing 340,000bpd
Posted inNews
India pays $550m in oil revenues to Iran
Iran provides 5.7% of India’s total oil imports.
Posted inNews
China takes 60% of Omani crude oil exports
60% of Omani crude oil exports goes to China.
Posted inNews
Libya hails the end of oil port crisis
Government agrees deal to retake 2 remaining occupied ports.
Posted inNews
Shale gas could remove guesswork from oil drilling
Shale oil and gas can be more reliable than conventional exploration