crude exports | Egypt Oil & Gas - Part 4

Iran Breaking Pricing Tradition for Crude Exports to Asia

Iran is seeking to enter an oil price war with its rivals. Tehran ratcheted up its offense in the oil market by breaking a pricing tradition, signaling it is determined to win its market share at a time when rival pr ...

GE Signs $600m Oil&Gas Investment Agreement in Italy

General Electric has signed a $600m investment agreement in Italy for research and development projects in the oil and gas sector for the next five years.

Nigeria to See Rise in Crude Exports in March

Nigeria is to see an increase in its crude oil exports in March, as Eni has lifted its force majeure on Brass River crude and Shell has reopened the Trans Niger pipeline.

Oman’s Crude Production, Exports On Rise

Oman’s production of crude oil and condensates in December 2015 rose in total by 1.12%, compared to November 2015, based on figures released in the Ministry of Oil and Gas’s monthly report.

Kuwait’s Stalled Shuaiba Refinery Unit to be Shut Down by 2017

Kuwait has decided to permanently shut down its heavy oil cracking unit at its Shuaiba refinery, stalled since a fire in August 2015.

Price of Qatari Crude Inching its Way Up

Qatar has set its May retroactive official selling price (OSP) for its Marine crude at $63.05 a barrel,

Iraqi Quantity and Quality Balancing Act

Iraq, OPEC’s second-biggest oil producer, is set to increase exports after starting a new grade of crude to quell customer complaints about the quality of its oil.

Saudis Stalling Chinese Requests for More Oil

Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world's biggest crude importer hits new records.

War-Torn Iraq Suffers Low Prices, Oil Debt and Turkish Swap

Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the oil-price drop is putting a squeeze on revenues in OPEC's second-largest producer.

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