News / International
Uganda to Route Oil Pipeline via Tanzania
Uganda decided to route a multi billion dollar crude export pipeline through Tanzania, forcing neighboring Kenya to develop a separate link to transport its own oil.
Angola Reaching Oil&Gas Production Targets
Angolan state oil company Sonangol has found oil and natural gas reserves in the basins of the Kwanza and Congo rivers that may total 2.2b boe. The reserves, if they are confirmed, are sufficient to produce 2mb/d for three years.
Libya’s NOC Says Eastern Govt Tried to Export 650,000 Barrels
Libya's National Oil Corporation (NOC) said the country's eastern government attempted to export 650,000 barrels of oil, but that workers at the Marsa el-Hariga terminal had refused to load the shipment.
IEA: Russia, Saudi Arabia to Pump As Much Oil As Possible
The head of the Oil Industry and Markets Division at the International Energy Agency (IEA) told CNBC that he believed both Russia and Saudi Arabia will continue to "pump as much oil as possible."
Iran Ready for Petchem Exports to Egypt
Iran’s Petrochemical Employers Association has announced the country’s readiness to resume petrochemical exports to Egypt.
Nigeria Faces Problems over Oil Freeze Failure
The failure of the deal to freeze oil production, which could have hastened a recovery in oil prices, puts Nigeria and other cash-strapped oil producers in more trouble.
Kuwait Boost Purchase of Russian LNG
Kuwait has plans to purchase up to 1.5m metric tons of LNG from Russia on an annual basis, according to Deputy Managing Director of Kuwait Petroleum Corporation (KPC), Nasser Abdullah Saleh.
Iran’s Oil Exports to Greece Increase
Iran has started exporting 60,000b/d of crude oil to Greece, Director of International Affairs at National Iranian Oil Company Mohsen Qamsari said.
