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Libya Unrest, BP stop Exploration more Oil Companies and Industry Fallout
Oil companies, including Italy’s Eni, Royal Dutch Shell PLC, U.K.-based BP and Germany’s Wintershall, a subsidiary of BASF, were evacuating their expat workers or their families or both. BP and Wintershall said they were temporarily suspending operations; Eni said production continued normally. Libya is one of the world’s biggest oil producers and has the largest [...]
Monday, February 21st, 2011Turkey and Azerbaijan have agreement on natural gas price in 2010
Turkey energy minister said that Turkey and Azerbaijan agreed on price of natural gas imported from Azerbaijan. Azerbaijan had earlier said that it had been selling natural gas to Turkey at one third of the global prices. However, Turkey said it had purchased natural gas at former rates for only ten months, and later proposed [...]
Sunday, August 29th, 2010ADX Energy Limited announce mobilisation Atwood Southern Cross to Lambouka-1
The Energy news, ADX Energy Ltd (ASX: ADX.AX) (PINK:ADXRF) is pleased to announce that it has commenced the mobilisation of the Atwood Southern Cross semi submersible drilling rig to the Lambouka-1 location on the Kerkouane exploration license offshore Tunisia. Whilst the exact duration of the rig tow is weather dependant, it is estimated that the [...]
Friday, June 18th, 2010