Last week, the PFG were forced to surrender control over the Es Sider and Ras Lanuf to commander Khalifa Haftar’s Libyan National Army. They had been in charge since 2011 and on Saturday briefly reclaimed the sites before being pushed out again the next day.
On July 31, government reached a deal with the PFG that saw the reopening of the Zueitina, Es Sider and Ras Lanuf ports, whose combined capacity is estimated at more than 600,000 bopd. Efforts to increase exports have since failed to materialise.
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
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