Saturday 23 November 2024
 
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energy

BP set to announce return to Libya

British oil giant BP will announce on Tuesday it is returning to Libya in a move which British officials say recognises a warming of relations between London and Tripoli.  "Today BP will be announcing they are going back into Libya,"

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Taqa buys Canada-based Northrock for $2bn

The Abu Dhabi National Energy Company has announced the purchase of canada-based Northrock Resources, a subsidiary of the US firm Pogo Producing Company for $2 billion. When finalised, the deal will provide Taqa with an additional 142 mill

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