crude oil exports | Egypt Oil & Gas - Part 2

Riyadh Mulls Price Hike for Crude to Asia

Saudi Arabia is expected to slightly increase the price of its crude for Asian customers in March in line with a stronger Dubai benchmark price.

Iran Shipped Oil to Eni

National Iranian Oil Company (NIOC) has deployed one cargo of 100,000 barrels of crude oil to the Italian Eni within a short-term contract.

Kuwait Grew Oil Exports to Japan by 11.7%

Kuwait’s crude oil exports to Japan jumped 11.7% percent in October when compared to 2015 volumes for the same period, to reach 6.62mb.

Sonatrach Grew Crude Exports

Algeria's Sonatrach achieved record high crude oil exports in October of 2.77m tons of oil equivalent, as opposed to the company’s usual monthly export volumes of 1.9m to 2m tons of crude oil per month.

Iran’s Oil Exports to Decline by 7.5%

Iran's crude oil exports are set to decline up to 7.5% in November to a four-month low, as the seasonal demand is low in Europe.

Iraq to Curb Oil Exports in November

Iraq plans to trim crude oil exports from its southern ports to 3.24mb/d in November compared with 3.28mb/d planned for October.

Chad Fined Exxon with $74b

The High Court in Chad has fined Exxon Mobile with $74b for allegedly underpaying royalties for 15 years. The two other companies named in the case are Chevron Corp. and Malaysia’s state-owned Petroliam Nasional Bhd.

Kenyan Exports to Start Mid 2017

Kenyan President, Uhuru Kenyatta, said that Tullow Oil Plc will drill eight additional exploration wells in the country’s North Lokichar region. Exports will commence three months later, with the crude being transpor ...

Iran Exported 2.74mb/d of Crude in July

With $645m investments to revitalize Iran's oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62mb/d of crude oil, with 2.74mb/d in exports during July.

Iran Plans to Seal Long-Term Oil Sales with Europe

Director for International Affairs of NIOC said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term agreements.

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