Iran Qualified 29 Firms to Bid for Oil, Gas

• Tuesday, 3rd January 2017
• by Egypt Oil & Gas

Iran has named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects using the new, less restrictive Iran Petroleum Contract (IPC) model.

Sonatrach to Upgrade Oil Refinery

• Monday, 7th November 2016
• by Egypt Oil & Gas

Sonatrach awarded the China Petroleum Engineering and Construction Corporation (CPECC) a $410m contract to renovate and upgrade an oil refinery near the capital, Algiers.

Sudan’s Oil Output Declined

• Monday, 7th November 2016
• by Egypt Oil & Gas

Sudan's oil production has dropped to between 95,000 to 100,000b/d, while the country has partially lifted fuel and electricity subsidies as part of an economic reform package aimed at cutting government spending.

Russia to Increase Oil Exports to China

• Monday, 4th April 2016
• by Egypt Oil & Gas

China is ready to import 27m tons of Russian crude this year, which would allow Moscow overtake Saudi Arabia as China's biggest oil supplier, according to Transneft Vice-President, Sergey Andropov. Russia exported 26 ...

Adnoc signs CNPC deal

• Thursday, 19th January 2012
• by Egypt Oil & Gas

United Arab Emirates-owned Abu Dhabi National Oil Company has signed a deal with China National Petroleum Corporation to collaborate in upstream projects in undeveloped areas.

CNPC evacuates Libya employees

• Thursday, 24th February 2011
• by Egypt Oil & Gas

China National Petroleum Corporation (CNPC) has evacuated 47 of its 391 Chinese employees in Libya because of political turmoil, according to a company newspaper.