Shell Nigeria Lifts Force Majeure on Bonny Light Oil Exports

• Sunday, 2nd July 2017
• by

Royal Dutch Shell PLC's Nigerian unit announced that it had lifted the force majeure that was declared on Bonny Light oil exports.

Schlumberger Signs $700m Oil Deal in Nigeria

• Sunday, 2nd July 2017
• by

Nigeria signed a deal with Schlumberger to provide $700m for the development of two oil fields in the country’s crude-rich south.

Saudi Arabia and Qatar Keep Sharing Oil Tankers

• Sunday, 2nd July 2017
• by

Saudi Arabia and Qatar continue sharing oil tankers despite the recent political tension.

Kenya Delays Oil Exports by Three Months

• Sunday, 2nd July 2017
• by

Kenya will only begin early oil exports after legislation to govern the industry is passed by lawmakers chosen in August election.

Asian Imports of Iranian Oil Fell by 2%

• Sunday, 2nd July 2017
• by

Imports of Iranian crude by its four main buyers in Asia fell 2% in May 2017 from a year ago.

Libya’s Oil Production Exceeds 1mb/d

• Sunday, 2nd July 2017
• by Sarah Samir

Libyan production reached over 1mb/d, increasing OPEC oil output.

Tanzania to Build Hydroelectric Plant

• Thursday, 29th June 2017
• by

Tanzania plans to construct a 2,100 MW hydroelectric plant in a World Heritage site renowned for its variety of wildlife habitatsز

Iran Drills New Wells in Three Months

• Thursday, 29th June 2017
• by Dr. Mahinaz El-Baz

NIDC drilled over 75 km of oil and gas wells using its drilling fleet during the first quarter of Iran’s current fiscal year.

VOG Extends Supply Agreement with ENEO

• Thursday, 29th June 2017
• by

Victoria Oil & Gas Plc (VOG) announced that it has extended the current gas supply agreement with ENEO Cameroon (ENEO).

OPEC will not Rush into Further Output Cuts

• Thursday, 29th June 2017
• by Dr. Mahinaz El-Baz

OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits.