News / International
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.
Dana Gas Freezes Egypt’s Investment over Arrears
Dana Gas will not inject new investments in Egypt because of delays in obtaining payments owed to it by the government.
Nigeria, Niger Enter Joint Pipeline Agreement
Officials at the Nigerian National Petroleum Company (NNPC) stated that NNPC and the Federal Government joint venture with Niger Republic will run crude oil pipeline that will provide oil to the Kaduna Refining & Petrochemical Company (KRPC) plant.
Kuwait to Host Ministerial Meeting on Global Oil Cut
Kuwait will host a Ministerial Committee meeting, charged with monitoring the compliance with Vienna agreements on cutting oil output, on 22-23 March.
Nigeria Seized $9.8m from NNPC Ex-Manager
Nigeria's anti-corruption body seized $9.8m in cash from the former Head of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, as part of the country's continuous struggle against corruption.
