The North African branch of Italian energy company Eni(ENI.MI), opens new tab has resumed its exploration drilling in an offshore area northwest of Libya after a five-year hiatus, the Libyan state-run National Oil Corporation (NOC) said on Sunday.In 2024, Eni and British oil giant BP (BP.L), opens new tab have resumed exploration in Libya after...
Day: October 5, 2025
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OPEC+ agrees modest oil output hike from November, sources say
OPEC+ will raise oil output from November by 137,000 barrels per day (bpd), the same fairly modest increase as in October, three people close to the matter said on Sunday. The group comprising the Organization of the Petroleum Exporting Countries plus Russia and some smaller producers has increased its oil output targets by more than...