Exploration & Production

Libya's 'elephant' oilfield could be in ruins

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Italian oil major Eni fears its largest oilfield in Libya, known as 'Elephant', may be in ruins, which could dash hopes of a speedy return of Libyan supplies to global markets after months of war.

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Libya ramping up oil production

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Oil production is finally being ramped up at a number of fields that were not damged during six months of fighting between rebels and forces loyal to ousted leader Moammar Qadhafi.

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Iraqi oil exports hits 2.1mn bpd in September

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Iraqi oil exports fell slightly in September to 2.1 bpd compared to 2.18mn bpd in August, the head of the State Oil Marketing Organization (Somo) stated.

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Bapco hopes to expand its refinery capabilities in Q1 2012

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The first quarter of 2012 could see Bahrain Petroleum Company (Bapco) finalise its expansion plans that would help boost Bahrain’s refining capacity to nearly half a million bpd.

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Eni restarts production in fifteen Libyan wells

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Eni has restarted production in fifteen Libyan wells in Abu-Attifel, located 300 km south of Benghazi.

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