News / International
Tunisia’s Oil, Gas Production Drops 10.1%
Tunisia has recorded a drop in crude oil and natural gas production of 10.1% in 2016, compared to 2015.
Nigeria Seeks $16.4b through Asset Sales
Nigeria’s Federal Government plans to generate up to $16.4b through asset sales in the next four years to reduce the burden on the nation's budget.
Angola Overtakes Nigeria as Africa’s Biggest Oil Producer
Angola remained the largest oil producer in Africa, overtaking Nigeria in January.
Iran to dissolve NGSC, IGCC
The National Iranian Gas Company’s (NIGC) Managing Director, Hamidreza Araghi, expounded on details of dissolving Natural Gas Storage Company (NGSC) and Iranian Gas Commercial Company (IGCC).
Saudi Aramco Signed Crude Deal with Chinese Refiner
State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply its crude in 2017.
Iran to Reach $50b in Oil Revenues in 2018
Iran's oil exports have reached the pre-sanctions level and its oil revenues will reach $45b to $50b in the Iranian year to March 2018, if prices remain at $55 per barrel.
ExxonMobil, South Sudan in Talks over Oil Deposit
The US-based ExxonMobil Corporation is in secret talks with Juba to buy a stake in South Sudan’s vast untapped oil deposit, according to a senior-level government source familiar with the negotiations.
Nigeria’s Communities Demand 50% of Oil Blocs
Host Communities of Nigeria Oil and Gas Producing areas (HOSTCOM) asked for the approval of the Nigerian Federal Government to give 50% of oil blocs in the Niger Delta region to oil and gas bearing communities.
