France to Invest $1.13b in Nigeria’s Oil and Gas industry

• Wednesday, 28th June 2017
• by

The French government says it has set aside about $1.13b to invest in Nigeria’s oil and gas industry, to strengthen its economic relations in Africa.

Iran Boosts loading Capacity at Its Largest Oil Terminal

• Wednesday, 28th June 2017
• by Dr. Mahinaz El-Baz

The Kharg oil terminal in Iran has increased its crude oil loading capacity to 8mb/p.

GE, Eni Sign Multi-year Contract to Develop Gas Resources

• Wednesday, 28th June 2017
• by

GE Oil & Gas and Eni East Africa sign long-term partnership to develop gas resources offshore of Mozambique.

Kuwait Boosts Crude Oil Exports to China

• Wednesday, 28th June 2017
• by Dr. Mahinaz El-Baz

Kuwait’s crude oil exports to China in the first five months of 2017 grew 5.6% from the same period of 2016.

Gulfsands Announces Morocco License Updates

• Thursday, 22nd June 2017
• by Sarah Samir

Gulfsands Petroleum Company updated the market on its Moulay Bouchta petroleum agreement.

Saudi Aramco Invests in Irish Wastewater

• Thursday, 22nd June 2017
• by Sarah Samir

Saudi Aramco took stake in Irish OxyMem’s wastewater management system.

Iran’s Oil Output Stands at 4mb/d

• Thursday, 22nd June 2017
• by Sarah Samir

Iranian daily oil production reached 4mb in late April 2017.

Zanganeh: OPEC Aims for Deeper Output Cuts

• Thursday, 22nd June 2017
• by Dr. Mahinaz El-Baz

OPEC members are considering further oil output cuts but should wait until the effect of the current reduced level of production is made clear

Nipco Launches $16m Offer for Mobil Oil Shares

• Thursday, 22nd June 2017
• by

Nipco Plc has launched a $16m offer for the shares it needs to increase its stakes in Mobil Oil to 70% to comply with Nigerian takeover rules.

Indonesian Firm Interested in Refinery in Nigeria

• Thursday, 22nd June 2017
• by

Indonesian PT Intim Perkasa Company expressed interest in building a refinery in Nigeria.