Africa Oil & Gas: BP and Kosmos start environmental studies in São Tomé and Príncipe

Africa Oil & Gas: BP and Kosmos start environmental studies in São Tomé and Príncipe

The consortium made up of BP Exploration Operating and US company Kosmos Energy has begun environmental impact studies in the São Tomé and Príncipe sea to explore oil in the archipelago’s exclusive economic zone, the consortium’s representative said on Monday.

Read More

Africa Oil & Gas: Eni acquires half of BP’s Libya oil and gas license

Africa Oil & Gas: Eni acquires half of BP’s Libya oil and gas license

Italian oil major Eni on Monday signed an accord with BP and Libyan officials under which Eni will get a 42.5% interest in an exploration and operation sharing agreement in the North African country, as well as become operator of an area where exploratory activities were suspended four years ago.

Read More

Africa Oil & Gas: BP Oil-Buying Spree Jolts Sleepy West African Crude Market

Africa Oil & Gas: BP Oil-Buying Spree Jolts Sleepy West African Crude Market

(Bloomberg) — Two of the world’s biggest oil companies are stepping up buying and selling of West African crude at the same time as a new regional swaps market has emerged, as merchants seek new ways to eke out profits in a tough trading environment.

Read More

Global Oil & Gas: “Big Oil’s Winners and Losers Emerge” – Bloomberg

Global Oil & Gas: “Big Oil’s Winners and Losers Emerge” – Bloomberg

Crude prices rose to three-year highs, operating costs were down and profit was growing by double or triple digits, but investors still found plenty to complain about in Big Oil’s second-quarter earnings.

Read More
1 2 3 6