1196 results found for 'Libya'

1196 results found for 'Libya'
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  • Rystad: OPEC should agree on oil output hike. Here’s why

    22 June 2018

    As the OPEC meeting is underway in Vienna on Friday to discuss the path forward, the Norwegian energy intelligence group Rystad Energy has shared a list of five reasons in support of an output hike.

  • Eni Q4 Gas Sales Down (Italy)

    15 February 2012

    Eni, the international oil and gas company, announced preliminary results for the fourth quarter and the full year 2011. Financial Highlights Adjusted operating profit: €17.97 billion for the full year (up 4%); €4.26 billion for the quarter (down 10%) Adjusted net profit: €6.97 billion for the full year (up 2%); €1.54 billion for the quarter […]

  • International Offshore Rig Count in November Drops by 36 Year-on-Year

    8 December 2011
    Business & Finance

    Baker Hughes reported yesterday that the international rig count for November 2011 was 1,138, down 59 from the 1,197 counted in October 2011, and up 8 from the 1,130 counted in November 2010. The international offshore rig count for November 2011 was 284, down 28 from the 312 counted in October 2011 and down 36 […]

  • ConocoPhillips lowers 2015 capital budget

    9 December 2014

    ConocoPhillips cut its 2015 capital budget by 20% compared to 2014.

  • GECF, IEA to Boost Cooperation

    28 January 2014

    The Gas Exporting Countries Forum (GECF) and the International Energy Agency (IEA) have agreed to enhance cooperation. The GECF secretary general, Mohammad-Hossein Adeli, met the IEA executive director, Maria van der Hoeven, on the sidelines of the 4th IEA-IEF-OPEC Symposium hosted by Riyadh, Saudi Arabia on January 22, 2014. Both officials agreed to cooperate within […]

  • ConocoPhillips swings to loss in Q3

    29 October 2015

    Houston-based oil and gas giant ConocoPhillips reported on Thursday a third-quarter net loss of $1.1 billion, compared with third-quarter 2014 earnings of $2.7 billion.

  • Italy: Eni Reports Fourth Quarter and Full Year 2011 Results

    15 February 2012
    Business & Finance, Operations & Maintenance

    Eni, the international oil and gas company, announces the Group preliminary results for the fourth quarter and the full year 2011 (unaudited). Financial Highlights * Adjusted operating profit: €17.97 billion for the full year (up 4%); €4.26 billion for the quarter (down 10%) * Adjusted net profit: €6.97 billion for the full year (up 2%); […]

  • Inchcape Shipping Services Opens North Africa Operations Desk

    21 November 2012
    Business & Finance

    Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has opened a new North Africa operations desk to co-ordinate customer requirements across ports in Libya, Algeria and Morocco. Providing a new single point of contact for North Africa will deliver quick and decisive solutions to global customers using extensive local knowledge and contacts. Based […]

  • Bahrain Summit to Gather LNG Experts

    28 November 2012

    With the increasing demand for energy domestically, Middle Eastern exports of LNG are set to decrease for the first time in 20 years. Countries including Bahrain, Kuwait, UAE, Jordan, Libya and Lebanon have all announced plans to build LNG import terminals to meet demand. Held at the Gulf Hotel in Manama, Bahrain from the 20th […]

  • International Offshore Rig Count for January Down by 1 Year-on-Year

    7 February 2012
    Business & Finance

    Baker Hughes Incorporated announced today that the international rig count for January 2012 was 1,171, down 9 from the 1,180 counted in December 2011, and up 10 from the 1,161 counted in January 2011. The international offshore rig count for January 2012 was 307, up 8 from the 299 counted in December 2011 and down […]

  • USACE Galveston Prepares for Potential Government Shutdown (USA)

    11 April 2011

      The U.S. Army Corps of Engineers, Galveston District, is currently preparing for the possibility of a government shutdown by identifying staff whose work responsibilities are designated as ‘excepted’ or ‘non-excepted’, as outlined in the Department of Defense Contingency Guidance document. According to Deputy Secretary of Defense William J. Lynn III, civilian personnel deemed to […]

  • Repsol quarterly result boosted by higher oil prices

    3 November 2017
    Equipment

    Spanish oil company Repsol reported a rise in net income for the third quarter of the year, boosted by higher oil prices and higher refining margins.

  • Eni 1Q Profit Drops

    29 April 2014

    Italy’s Eni posted adjusted operating profit of €3.49 billion in the first quarter of this year, down 6.8% from the first quarter 2013. Financial highlights Adjusted net profit: €1.19 billion, down 14.3% from the first quarter 2013; Net profit: €1.30 billion, down 15.6% from the first quarter 2013; Operating cash flow2: €2.15 billion; Leverage at […]

  • Equinor’s vice president of E&P leaving role and energy industry

    10 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital

    Equinor’s executive vice president for Exploration and Production International has resigned to take on the CEO role at a diamond company.

  • Higher oil prices boost ConocoPhillips profit

    26 April 2018
    Business & Finance

    ConocoPhillips recorded an increase in earnings in the first quarter of 2018 on the back of higher oil and gas prices and lower expenses. 

  • Thousands of Migrants Rescued in the Mediterranean

    16 July 2015

    Around 2,700 migrants from 13 boats were rescued some 35 miles off the coast of Libya yesterday, according to the Italian Coast guard. The migrants were rescued by a German navy ship and a rescue ship operated by Mediterranean Offshore Aid Station (MOAS) and Medecins Sans Frontieres. Throughout last weekend, approximately 4,800 migrants were rescued […]

  • Eni slips to loss, cuts capex

    30 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by the combined effects of the coronavirus pandemic and the oil price crisis.

  • Gazprom to Secure Firm Foothold in Qatar by Opening Doha Office

    12 April 2011
    Business & Finance

    Pursuant to the decision by the Gazprom Board of Directors, an order was signed to open the Company’s representative office in the city of Doha, State of Qatar. The representative office will pursue the primary objective of developing long-term mutually beneficial economic cooperation of Gazprom with the Persian Gulf states as well as representing and […]

  • Control Risks: Global Maritime Kidnaps Jump by 44 Pct in 2016

    13 March 2017
    Business & Finance

    Maritime kidnaps across the globe surged by 44 percent in 2016, in part driven by an uptick of activity in the Gulf of Guinea and in the Sulu and Celebes Seas, according to Control Risks’ global maritime analysis. Additionally, maritime hijacks were down by 83% globally in 2016, driven by a decline in hijacks-for-cargo and hijacks-for-bunker theft […]

  • Repsol posts EUR 1.6 bln profit

    6 November 2014

    Repsol posted a net income of 1.646 billion euros, a 28% increase compared to the same period in 2013.

  • Thousands of Migrants Rescued in the Mediterranean

    16 July 2015

    Around 2,700 migrants from 13 boats were rescued some 35 miles off the coast of Libya yesterday, according to the Italian Coast guard. The migrants were rescued by a German navy ship and a rescue ship operated by Mediterranean Offshore Aid Station (MOAS) and Medecins Sans Frontieres. Throughout last weekend, approximately 4,800 migrants were rescued […]

  • 27 rescued migrants disembark from Maersk Etienne after 38 days

    14 September 2020
    Human Capital, Vessels

    The 27 rescued persons who have been on board Maersk Etienne, a tanker owned and operated by Danish Maersk Tankers, for 38 days have been safely disembarked. The rescued group of people include a pregnant woman and at least one minor. They were transferred to the ship Mare Jonio operated by the non-governmental organisation Mediterranea […]

  • Hess increases budget with majority going to Guyana & Bakken again

    25 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Hess Corporation has revealed that its Exploration & Production capital and exploratory budget for 2022 will amount to $2.6 billion.

  • 2015 Deadliest Year for Migrants Crossing the Med

    4 January 2016

    With over 3,770 estimated deaths, 2015 has been the deadliest year on record for migrants and refugees crossing the Mediterranean, trying to reach Europe, data issued by the International Organization for Migration show. In comparison, approximately 3,270 deaths were recorded in the Mediterranean in 2014. Globally, IOM estimates that over 5,350 migrants died in 2015. […]

  • Lower US Demand Reshuffles West African Crude Moves

    24 November 2014

    West African crude moves have shifted from the U.S. to Europe as lower demand from the U.S. has forced a reshuffle of the global crude oil markets, according to the latest tanker market review by shipbroker Poten & Partners. Namely, in order to make their crudes more competitive West African suppliers have reduced their prices […]