Tag Archives: oil exploration and production

Turkey Seeks to Tap Libya for Oil Exploration and Production

Turkey is trying to tap Libya for its oil exploration and production plans abroad.

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Galp Energia Agreed to Oil Exploration in Moroccan Tarfaya Block

A Portuguese company, Galp Energia, has agreed to invest in a 50 percent stake in the Tarfaya block of Morocco to make it the main explorer of the area.

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Iraq Signs Oil Exploration Deal with Lukoil and Inpex

Iraq finalizes a deal with Russia’s Lukoil and Japan’s Inpex to perform oil exploration in an area that it believes contains oil.

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Serbian Oil and Gas Company to Widen Oil Exploration Activities in Southeast Europe

Naftna Industrija Srbije is planning to expand its oil exploration projects in Southeast Europe to be able to hit its production goals for the year 2020.

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US and China race towards Africa

Clinton’s speech on U.S.-African partnership struck a nerve among Chinese officials. Meanwhile, U.S. and China stay on the race towards Africa.

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Arab Petroleum Investment Corporation Argues Against IEA on Oil Price Increases

Arab Investment group argues against IEA projections that current oil prices may reach as high as $150 per barrel- $200 per barrel in the next 5-10 years.

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