Crude production in Libya is facing further setbacks this week, as loadings out of the 110,000 b/d Marsa al-Hariga crude terminal in Eastern Libya have stuttered to a halt. Traders and shipping sources said that no there have been no ...
Tags: Crude production, oil flowing
Cheal-E continues to provide good news, with three wells cased as potential oil wells – one of which is being flow tested – and Cheal-E 4 now drilling ahead. To ensure more reliable production forecasting on future wells, ...
Tags: Metallurgy, Mineral, Energy, oil
It was considered the largest oil-related natural disaster in the history of the world, so it only follows that the fine would be historic too. Gargantuan oil company BP has agreed to pay the largest criminal penalty in U.S. history for ...