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, Reuters reported. China National Petro...

Sonatrach to Upgrade Oil Refinery

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

The Algerian state-owned company Sonatrach awarded the China Petroleum Engineering and Construction Corporation (CPECC) a $410m contract to renovate and upgrade an oil refinery near the capital, Algiers. CPECC will ca...

Sudan’s Oil Output Declined

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

The Sudanese Oil and Gas Minister, Mohamed Awad Zayid, said that the country’s current oil production has dropped to between 95,000 to 100,000b/d, in the wake of the falling global oil price. He added that Sudan’...

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, RT reported. ...

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 will conduct technical and economic ...

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. Reuters reports the PetroChina parent said in a compan...