Hass Petroleum Sells 40% Stake

• Monday, 12th June 2017
• by

Kenyan oil marketer, Hass Petroleum Group, has sold a 40% stake of its shares to Oman Trading International (OTI).

Iran Increases Oil Exports to the West

• Monday, 12th June 2017
• by Dr. Mahinaz El-Baz

Iran's oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016.

South Sudan Targets Increasing Oil Investments

• Sunday, 11th June 2017
• by

South Sudan has invited more oil companies to invest in exploration, production and distribution.

Petredec, Bidvest to Develop South African LPG Storage Facility

• Sunday, 11th June 2017
• by

Petredec Limited entered into an agreement with Bidvest Tank Terminals for the development of a new facility for the import and storage of LPG.

Libya’s Largest Oil Field Reopened

• Sunday, 11th June 2017
• by Dr. Mahinaz El-Baz

Libya’s largest oil field, Sharara, has resumed production after workers had shuttered the 270,000b/d field.

Iraq to Boost Production of Southern Oil Field

• Sunday, 11th June 2017
• by Dr. Mahinaz El-Baz

Iraq will increase its oil production from one of its oldest oil fields in the south by 20.000b/d

Petrofac , Petroleum Development Oman Sign a Long-Term Agreement

• Sunday, 11th June 2017
• by Dr. Mahinaz El-Baz

Petrofac has secured a long-term Framework Agreement (FA) with Petroleum Development Oman (PDO).

Shell Nigeria Lifts Force Majeure on Forcados oil

• Sunday, 11th June 2017
• by

Shell lifted force majeure on exports of Nigeria's Forcados crude oil, ’ loading resumed at the facility few weeks ago.

Eni Acquires Block Offshore Oman

• Thursday, 8th June 2017
• by

Italian Eni has acquired rights over the only maritime block offered during the Oman’s latest licensing round.

Kuwait Becomes Japan’s Third Crude Oil Provider

• Thursday, 8th June 2017
• by

Kuwait became Japan’s third-biggest crude oil supplier in April, providing 7.71mb, or 257,000b/d.