News / International
Iran Targets $8.6b Refinery Deals
Iran expects to sign its biggest oil refining contracts worth $8.6b with a number of Japanese, Chinese, and South Korean companies.
Nigeria’s Gas Producers Threaten Force Majeure
Nigeria's gas producers threatened to declare force majeure over the inability of Generation Companies (Gencos) to settle outstanding arrears of over $630m for supplying gas to its power plants.
Ghana’s New FSPO to Operate in Tano Basin
Ghana has named the Floating Production, Storage and Offloading (FPSO) vessel 'John Agyekum Kufuor' commissioned by Eni, Vitol, and Ghana National Petroleum Corporation (GNPC). John Agyekum Kufuor was Ghana’s former President.
Glencore Extends Major Libyan Oil Deal
Swiss-based commodities giant Glencore has extended a deal with Libya's National Oil Corporation (NOC) to be the exclusive trader of around 230,000b/d from the oil fields Sarir and Mesla.
Iraq’s KRG Exported 625,000b/d of Oil
Iraq’s Kurdistan Regional Government (KRG) exported 625,000b/d of oil to Ceyhan Port in January.
Iran to Increase Output to 4mb/d
Iran will increase output to 4mb/d by March despite agreeing with OPEC that Tehran would not exceed the level of 3.79mb/d.
Aramco to Raise $10b Prior to IPO
Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June 2017, ahead of a planned initial public offering (IPO) in 2018, in order to raise as much as $10b in bonds in 2017.
US Firms Out of Iran’s Oil Tenders
US companies stand no chance in participating in bidding for Iran’s oil fields, which the country plans to develop with international help, as American sanctions make such activities impossible.
