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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, 2011Leni Gas and Oil company Focused drilling of Malta
Favoritearea.com – Leni Gas and Oil company which shares an oil exploration license off Malta with Mediterranean Oil and Gas (MOG) said it remained focused on the viablility of drilling in an area off the south of Malta resulting from seismic data and non-seismic surveys. Company representatives from Leni Gas and Oil as well as [...]
Wednesday, October 6th, 2010Lebanon Natural Gas exploration 2012
Natural gas, Lebanon’s energy minister said his country plans to outline its maritime sea borders and auction off rights to explore potential offshore natural gas and petrol reserves by 2012. “Now that the law on the exploration of offshore oil and gas reserves has been passed by parliament, we expect to begin the licensing process [...]
Monday, August 30th, 2010