Oil giants Total and Repsol provided updates on their resumed production in Libya after both companies slashed their output as a result of the civil war in the North African state.

Honeywell announced an expansion of its Iraqi investment with the opening of a second full-service office in Basra, which will further strengthen the companys commitment to its customers and partners.

Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex Tillerson, chairman and chief executive officer of Exxon Mobil, said at the World Petroleum Congress in Doha.

According to Iran’s Oil Minister Rostam Qasem the country is ready to offer contracts for 21 oil and gas fields to domestic and foreign investors.

Khalid A. Al-Falih, President and CEO of Saudi Aramco, delivered a keynote address "Resetting the Energy Conversation: The Need for Realism" at The King Abdullah Petroleum Studies and Research Centers Inaugural Energy Dialogue.