Tag: Occidental Petroleum Corp.
UAE: oilfield development
US-based Occidental Petroleum Corp. will invest USD 500 million over the next three to four years to appraise and develop Jarn Yaphour and Ramhan oil and natural gas fields in Abu Dhabi.
Libya door to open?
US oil companies could be one step closer to restarting their long-mothballed operations in Libya after the energy-rich nation reportedly reached an agreement with Washington and London on Tuesday to accept responsibility for the 1988 Lockerbie bombing.