Akakus Oil Operations announced last Tuesday (31 December 2024) that it had started the drilling of the new development well H-50 NC115 in the Sharara oil field. The well is expected to produce 1,500 ...
The Libyan oil sector received a boost on Saturday, as Akakus Oil Operations reported exceeding its daily production target, achieving an output of 301,587 barrels per day. The company attributed this ...
The real-time price of Brent crude oil is at $75.75 per barrel, and the price of WTI crude oil is at $72.62 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
US oil futures rise after API reports much larger drop in US crude stocks By Investing.com - 3 hours ago Investing.com -- U.S. crude oil futures inched higher in post-settlement trading Tuesday ...
Environmental groups have praised the idea of turning this polluted land, formerly an ExxonMobil oil tank farm, into a lithium-ion battery farm that could deliver as much as 700 megawatts of power ...