As protesters blocked supplies, oil supermajor Total said several of its filling stations had run dry.
This is the second largest company in the world in terms of revenues and one of the six oil and
gas“Supermajors.”.
The world's oil Supermajors and largest oil trading companies are not in agreement on the
future trends in oil demand, a recent event has revealed.
US supermajor Chevron announced Thursday it will move
ahead with the high-profile Anchor project in the U.S. Gulf of Mexico, targeting first oil production in 2024.
The supermajor said that the Azeri Central East(ACE)
project includes a new offshore platform and facilities designed to process up to 100,000 barrels of oil per day.
ExxonMobil's exit brings an end to
one of the industry's longest running stories- the supermajor was awarded the first licence ever
awarded on the Norwegian Continental Shelf,” Boroujerdi said.
Who was appointed to the position in January, said the government is keen on increasing production and
had launched negotiations with European Supermajors but which he did not name.
Furthermore, Ivory Coast's booming economic performance, having grown 9.2% between 2012 and 2016 and a resilient rate of 8.5% for 2017,
appear to have enticed previously reluctant Supermajors to return and re-launch their search for more oil and natural gas.
BP on Monday announced first gas production from the second stage of its West Nile Delta development offshore Egypt, marking the second start-up in a string of new upstream
projects expected to be brought on line by the supermajor in 2019.