crude oil | Egypt Oil & Gas - Part 17
Agip $13.5b Project Boosts Nigeria’s Oil Production
Nigeria’s daily crude oil production is expected to rise as the Nigerian Agip Exploration Limited (NAE) starts work on Zabazaba deep water project, which is expected to gulp $13.5b. Agip will start taking in commercia...
Libya’s Biggest Oil Field Continues Production
Libya’s crude oil output bounced back to 660,000b/d as the nation resumed production at its biggest oil field, which had halted operations for about a week, Bloomberg reported. Libya’s state-run National Oil Corp̵...
Nigeria Loses Oil buyers to the US
Being busy trying to evolve back from all the militant attacks that Nigeria has been facing, US crude oil exports ceased the opportunity and took over destinations that used to be dominated by Nigeria, Oil Price re...
UAE Boosts OPEC Production Cut in March
Oil output from the Organization of Petroleum Exporting Countries (OPEC) is likely to fall for a third consecutive month in March as the United Arab Emirates (UAE) made progress in reducing oil supplies, The News repo...
Southern Iraq Exports 3.163mb/d of Oil in March
Crude oil exports from South Iraq has averaged 3.163mb/d in March due to bad weather and lower production related to field maintenance, Reuters reported. Furthermore, the second biggest producer at the Organization of...
Dubai Sets Oil Delivery Prices for June
The official price of the Dubai crude oil barrel for delivery in June will be $0.20 less than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange (DME Oman) contrac...
Iran Plans to Boost Oil Exports to Europe
Iran says it expects to increase exports of crude oil to Europe to as high as 800,000b/d by May, Press TV reported. The announcement was made by the National Iranian Oil Company’s (NIOC) Managing Director, Ali Kardor....
Iran Starts Pumping 15,000b/d at Azar Oilfield
Iran began pumping 15,000b/d of crude oil from Azar oilfield, which it shares with Iraq, Iran Business News reported. Azar development project is aimed at production of 65,000b/d of crude oil. Crude oil recovery from ...
