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 transport...
With $645m investments to revitalize Iran’s oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62m b/d of crude oil, with 2.74m b/d in exports during July...
Director for International Affairs of the National Oil Company (NIOC), Mohsen Qamsari, said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term ag...
Iranian Minister of Petroleum, Bijan Zangeneh, said Iran’s export of petrochemical products increased by 46% and stood at 18.7m metric tons in the previous Iranian calendar year which ended on March 19th, compar...
The Shell Petroleum Development Company of Nigeria Limited (SPDC) is intensifying efforts to recover from oil spill at the Forcados Terminal export pipeline that occurred on 14th February, World Stage informed. SPDC, ...
Opec heavyweight Saudi Arabia’s crude oil exports dropped in December by 362,000 b/d to 6.934 million b/d from 7.296 million b/d in the previous month, official data showed on Wednesday. In December, the kingdom...
A deal aimed at resolving a dispute between Baghdad and Kurdish regional authorities over crude oil exports looked fragile with the semi-autonomous region’s Prime Minister threatening to withhold exports. Both s...