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 ...
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.
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.
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 ...
El Molla emphasized the importance of improving oil and gas companies in order to increase their productivity to cover local demand of petroleum derivatives specially butane, diesel and benzine.
The National Iranian Oil Company expects to complete a pipeline and a terminal near Kharg Island by the end of 2016, in preparation to start exporting the new grade crude, known as West Kharoon.