Eni and bp form joint Angolan energy company
‘Azule Energy’ has been formed and is expected to become the country’s largest energy producer
Tag: barrels
Equinor set to ramp up production at Johan Sverdop oil field
The field boasts a total capacity of 2.7 billion oil barrels
UK slashes oil imports by more than 75m barrels over five-year period
A drop in oil imports from 359 million barrels to approximately 280 million barrels equates to…
Iran announces 53 billion barrel oil find
The find would boost the country's existing reserves of 150 billion barrel by a third
China to see record oil demand in 2017
Chinese oil demand is forecast to reach record levels this year. The state-owned China National…
Iraq finds ‘extra billion barrels’ of oil
Middle Eastern nation Iraq has found an extra billion barrels worth of oil, its oil ministry…
DECC issues 167 new North Sea licences
The UK Government has issued 167 new licences for oil and gas exploration in the North Sea and…
New oil discovery in the North Sea
Norway’s Statoil announced yesterday it has discovered a new oil reserve in the North Sea. The…
