31 March 2011 16:03 [Source: ICIS news]
TORONTO (ICIS)--BASF will expand its oil and gas exploration and production (E&P) in the Middle East, despite the ongoing turmoil in ?xml:namespace>
“We are staying in the
But Seele added that Wintershall is “monitoring developments in
The company suspended and sealed off its production operations in the Libya at the end of February for safety reasons. It has produced no oil there since then.
“It is difficult at the moment to gauge developments in
For the time being, questions of whether, when and how oil production in
In addition to
“Securing raw materials will become one of the key tasks of the future,” he said.
“Recent developments will increase competition for energy raw materials even more, and the upheaval in the Arab world as well as the catastrophe in
For more on BASF and other producers, visit ICIS company intelligence
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections