BP | Egypt Oil & Gas - Part 28
Iraq Pays Debts, Lukoil Pledges Investments
Iraq has started to repay accumulated debts, the head of Russia's Lukoil said, pledging more investment to allow Iraq to maintain stellar output growth.
Oil Supermajors Apply to Bid for Mexican Oil Blocks
US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico's fourth phase of maiden offshore oil blocks auction, estimated to contain 4b boe in reserves, alongside Euro ...
BP to Pay Investors $175m Over Deepwater Horizon Oil Spill
BP has agreed to pay $175m to settle claims that it deceived shareholders by underplaying the severity of the 2010 Gulf of Mexico oil spill. Their claim was based on the allegation that BP publicly “lowballed” the am ...
Algeria’s In Amenas Gas Plant to Re-operate in June
More than tree years after a militants linked to al-Qaeda attacked Algeria's In Amenas gas plant, it started test production at its third train, and will soon be back running at full capacity, a source from the state ...
BP Starts Water Injection Project In Gulf of Mexico
The British oil giant BP has begun a water injection project at its Thunder Horse platform in the US Gulf of Mexico. The development is part of BP's plan to add about 800,000boe/d from worldwide projects starting bet ...
Southern Gas Corridor ‘On Time’, BP Exec
The Southern Gas Corridor, a project of pipelines which will transport gas from the Shah Deniz field in Azerbaijan to European markets for the first time in history, is running on time and on budget, a BP senior exec ...
Egypt’s Gas Production Levels Rose to 300mcf/d
Ministry of Petroleum and Mineral Resources has released a report, which stated that placing four Nidoco exploratory wells on production line in the Abu Madi West license zone, in the Nile Delta, has increased countr ...
Iraq Faces Oil Projects Delay As Firms Resist Spending Cuts
International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year
