Norwegian oil company Aker Energy announced Thursday that it has struck oil offshore Ghana with a resource volume potential of up to 1 billion barrels of oil equivalent, according to a company statement.
read more... 11/01/2019
Oil prices recovered on Wednesday, as demand for refined products strengthened. Consequently, Brent crude soared by 1.7% to $57.24 a barrel. Moreover, the strike on the Libya’s El-Sharara oilfield supported WTI crude, which traded 4.2% higher at $48.17 a barrel.
read more... 20/12/2018
Equinor and Global Petro Storage (GPS) have entered into a long-term agreement to build and operate a terminal and storage facility for liquefied petroleum gas (LPG) at Port Klang in Malaysia, the Norwegian company said on Thursday.
read more... 22/11/2018
The Turkish minister of agriculture and forestry Bekir Pakdemirli said his country has signed a $100 million agreement to invest in oil exploration and production in Sudan.
read more... 12/09/2018
Oil prices fell on Monday following a higher U.S. drilling activity and due to worries related to increasing tensions in the Middle East after air strikes on Syria over the weekend. Brent futures lost $1.16, or 1.6%, to end at $71.42 a barrel. WTI crude slumped by 1.7% to $66.22 a barrel.
read more... 17/04/2018