Baker Hughes announced an agreement signed with Repsol to develop and deploy next-generation artificial intelligence capabilities through the Leucipa™ automated field production solution. As per the agreement, AI-powe...
Eni and Repsol could begin shipping Venezuelan oil to Europe as soon as next month to replace Russian crude, five people familiar with the matter say, resuming oil-for-debt swaps that were suspended two years ago when...
Bolivia has made a new natural gas discovery of 1 trillion cubic feet (tcf) in the Caipipendi field of the southern department of Chuquisaca and the country plans for its exploitation in 2021. Bolivia, through the fie...
Libya’s National Oil Company’s (NOC) CEO, Mustafa Sanalla, met with the Spanish ambassador to Libya, Javier Garcia-Larrache, to bolster oil-trade ties with Spain by encouraging Spanish companies to return back t...
Crude inventories at Venezuela’s export terminal, Jose, have surpassed their highest levels since August, surging to 11.8 million barrels (mmbbl) as of October 24, more than double the 5.6 mmbbl registered a month ear...
National Oil Corporation (NOC) and Repsol Consortium have reached the final stages of a project to recover LPG contained in flare gas in the Sharara oil field, according to a press release. Talks with providers of the...
Total has signed a concession agreement with Algerian state-owned Sonatrach, Repsol, and Alnaft for a 25-year licence extension for the Tin Fouye Tabankort (TFT) gas and condensate field, Reuters reported. The agreeme...
Iran has sold its first cargo of West Karoun crude oil to Repsol, Reuters reported. The Spanish company agreed to buy 500,000 barrels of the heavy grade crude on a spot basis, and will co-load the cargo within the nex...
Libya’s largest oil field, Sharara, has resumed production after workers had shuttered the 270,000b/d field. The field is expected to return to its usual output within few days, Oil Price informed. The announcement th...
Indonesian state-owned oil and gas firm Pertamina is aiming to increase its participation rights in Algeria’s Menzel Lejmat North (MLN) oil block, Deal Street Asia reported. The company is in negotiations to take over...