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Big Oil Companies

BP Plans to Exit $36 Billion Green Hydrogen Project in Australia

July 24, 2025 Clark Savage

In a significant shift that underscores the challenges facing the renewable energy sector, BP Plc has announced its intention to exit the Australian Renewable Energy Hub (AREH), a massive $36 billion green hydrogen production project. […]

Crude Oil News

Oilfields partially resume after ex-official released in Libya

July 16, 2023 Mariel Alumit

Production at Libya’s Sharara and al-Fil oilfields has resumed after being shut down as part of a protest against the arrest of a former finance minister, according to officials. The two oilfields began operating on […]

Libya - Rotting infrastructure -
Crude Oil News

Libya to Lean on Foreign Oil Firms to Fix Rotting Infrastructure

January 21, 2021 Stu Turley

Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect, the nation’s top energy official said. The state-owned National Oil Corp. was forced to shut down a leaking […]

Libyan surge, slipping compliance push OPEC+ output up sharply in Dec: Platts survey
Crude Oil News

Libyan surge, slipping compliance push OPEC+ output up sharply in Dec: Platts survey

January 11, 2021 Stu Turley

London — OPEC and its allies raised their crude oil production by 280,000 b/d in December to a seven-month high, as Libya pumped its most since mid-2013 and several other countries posted modest increases, the latest […]

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