crude oil | Egypt Oil & Gas - Part 18
224 Firms Submitted Bids to Lift Nigerian Crude
The Nigerian National Petroleum Corporation (NNPC) has announced that 224 companies have submitted bids for the lifting and sale of crude oil during the upcoming 12-months calendar.
Nigeria to Import Crude from Niger, Chad
Nigeria is considering importing crude oil from Chad and Niger Republic to supply the Kaduna refinery in attempt to resolve Nigeria's chronic petrol shortage crisis.
Angola, Nigeria Shipped Crude to Argentina
Two tankers carrying 3m barrels of Nigerian and Angolan crudes set sail in November to Argentina to feed its domestic refining network, pushing the country's imports close to 2015's level.
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.
