Images

Will Oil Ever Hit $100 Again? Rigzone asks industry experts whether the price of oil will ever reach $100 per barrel again. Oil will hit $100 per barrel again, according to RoseAnne Franco, head of oil and gas at global risk consultancy Verisk Maplecroft. “It’s a question of when and will it stay there … the level of geopolitical uncertainty we confront today is particularly volatile and precisely the type of conditions that could lead to an oil price shock,” Franco told Rigzone. “That said, the u

Source: Will Oil Ever Hit $100 Again?  | Rigzone

Eni and Total team up with Sonatrach to explore deep waters of Algerian offshore Eni CEO Claudio Descalzi Eni CEO Claudio Descalzi; Source: Eni/Flickr Italian oil company Eni, French Total, and Algerian state-owned Sonatrach have signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province. The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, the Chief Executive Officer

Source: Eni and Total team up with Sonatrach to explore deep waters of Algerian offshore | Offshore Energy Today