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Eni announces first production from the Junin-5 giant heavy oil field in Venezuela

Green Car Congress

The development of Phase 2 (full field) will bring production to a level of 240,000 barrels a day by the end of 2018. Deepwater Angola. Separately, Eni reported its ninth oil discovery in deepwater offshore Angola, in Block 15/06, increasing the resource base of the West Hub project. Eni is operator of Block 15/06 with 35%.

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BP takes delivery of 6 new LNG tankers

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BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers, which will join existing tankers in BP Shipping’s fleet in 2018 and 2019. The Freeport LNG liquefaction facility is under construction, and the first train is expected to be operational by the end of 2018.

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