News / International

Dangote Refinery Eyes Lagos Crude

Dangote Industries said that the recent discovery of oil in Lagos State in commercial quantity is a good sign for the development of the oil and gas industry in the country.

Eni Added 2,000b/d to Tunisia’s Oil Production

Italian energy company Eni connected the Laarich East-1 well in the Sahara desert of Tunisia to production, with a reported output rate of 2,000b/d of oil.

MENA Assets Boost Pertamina’s Oil Outputs

Upstream assets in Algeria, Iraq and Malaysia have pushed oil and gas production by Indonesia's Pertamina Internasional Eksplorasi and Produksi (PIEP) to surpass its target in 2016 by 15%.

Forces Counterattacked Libya’s Oil Terminals

New fighting erupted as Libyan forces executed a counter attack to take back control of Al Sider terminal and triggering clashes near Ras Lanuf port.

Kenya’s Oil Reserves Threaten by Somali Dispute

Kenya’s fight to hold on to potentially lucrative Indian Ocean oil and gas reserves, threatened by a maritime border spat with Somalia.

Militants Attacked a Crude Delivery Line in Nigeria

The Niger Delta Greenland Justice Mandate blew up the Afiesere – Ekiugbo delivery line, a major crude oil shoreline belonging to the Nigerian Petroleum Development Company (NPDC) in Ughelli, Delta State.

Oil Output Grew by 5% at Tethys Oil Omani Assets

Tethys Oil said its share of oil production from onshore operations at Block 3 and 4 in Oman was more than 12,400b/d in August, about 5% increase from July levels.

Nigeria Seeks $10b is Petroleum Assets Sale

Nigeria will sell off 15% of the Nigerian National Petroleum Corporation's (NNPC) and Nigeria LNG Limited's (NLNG) oil and gas assets to help revive the country's economy, with an expected yield of $10b.

Aramco to Close Refineries for Maintenance

Saudi Aramco plans to shut its refinery in Yanbu and its largest refinery in Ras Tanura in November and December for scheduled maintenance.

Nigeria Spends $7b on Fuel Subsidies

Nigeria spent an estimated $35b as subsidy on petroleum products out of the $300b earned from crude oil over the course of 5 years since 2010. This amounts to approximately $7b annual expenditure on subsidies.

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