crude oil | Egypt Oil & Gas - Part 18
Kuwait Boosted Oil Exports to Japan
Kuwait crude oil exports to Japan increased by 33.7% during September, when compared to volumes from the same period during 2015. It reached 6.83mb of oil, averaging 228,000b/d.
Egypt to Boost Oil Output
Egypt plans to increase production of crude oil and condensates from 690,000bpd to 707,000bpd by the end of fiscal year 2016/2017.
Nigeria Cut Crude Prices
The Nigeria National Petroleum Corporation reduced the official selling price (OSP) of Nigeria’s crude oil grades as parts of a strategy to make Nigerian crude attractive to buyers and to help it regain its share of ...
UAE Opened VLCC Jetty in Fujairah
The United Arab Emirates (UAE) has opened a very large crude carrier (VLCC) jetty in Fujairah on the east coast, lying along the Gulf of Oman.
Iran, Kurdistan Talk Oil Swap
Iran is preparing to refine 100,000b/d of the Kurdistan Regional Government’s (KRG) crude oil at the Tabriz and Raham refineries in Iran’s South Azerbaijan Province.
Iraq to Resume Oil Exports via Kirkuk Pipeline
A pipeline linking Iraq’s Kirkuk field to Turkey’s Ceyhan port was repaired after it was halted. A flow test took place and operations are expected to return to normal exports levels of more than 90,000b/d.
Nigeria Lost 130,000b/d of Crude Output in August
Nigeria suffered the biggest decline among members of the Organization of Petroleum Exporting Countries (OPEC) with 1.468mb/d of crude oil in August.
Apache Uncovered 7 New Oil,Gas Discoveries in Egypt
Egypt's Khalda Petroleum Company (Apache) uncovered 7 new oil and gas discoveries in the country's Western Desert area during fiscal year 2015/2016, in addition to drilling 50 new wells and completing work on 191 wel ...
