Repsol, Total provide update on Libyian production
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.
Industry
Honeywell develops strong local presence in Iraq
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.
Exxon sees economic optimism due to energy demand growth
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.
Iran to offer contracts for 21 oil and gas fields
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.
Global energy challenges need realistic solutions - Khalid A. Al-Falih
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.
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