News / International
Mexico’s Crude Exports to US Drop to 25-year Low
Mexico's crude exports to the US dropped to their lowest level in 25 years in September, as the Latin American nation seeks other buyers in response to reduced demand from US refiners.
Indonesia Announces Bids for New Shale Gas Blocks
Indonesia is forging ahead with its strategy of developing unconventional sources of oil and gas, announcing bids for three new shale gas blocks, according to information issued by the ministry of energy and mines.
South Africa Poised to Proceed with Nuclear Energy Plan
South Africa will go ahead with it's plan to build nuclear power plants, with the nation’s cabinet “poised to make a decision” on the way forward soon, the head of the country’s atomic energy company said.
Asian Refineries Expect Robust Margins, High Gasoline Demand
Industry analysts and executives are expecting robust margins for Asian refineries next year, buoyed by high demand for gasoline in China and India.
Mozambique to Launch Tender for Research and Exploration
Mozambique will launch a new tender in 2017 for the research and exploration of oil and gas.
West Libya’s National Oil Declares Force Majeure at Zueitina Port
Libya’s Petroleum Facilities Guard halted crude shipments from Zueitina port indefinitely amid an escalating conflict between the divided country’s rival governments, putting the OPEC member’s oil exports at risk.
Nigeria to Deal Directly With Refiners, Cancels Bids
Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corporation announced on Tuesday.
Chevron Announces Field Online between Congo and Angola
Chevron Overseas (Congo) has started oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Democratic Republic of Congo and the Republic of Angola.
