crude oil | Egypt Oil & Gas - Part 19
Abu Petroleum Company Confirms Abu Qir 3 Area Reserves
North Abu Qir3 area's 500bcf gas reserves and 20mb oil reserves are expected to push Abu Qir Petroleum's gas production to reach 300mcf/d and oil production to 7000b/d of condensates and 270 tone of butane daily.
Petrobel’s Business Results for 2015/2016
Petrobel invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016, with $426m directed towards the development of wells, leading to a hike in reserves of around 5.8m barrels of crude ...
Kenya to Develop Pipeline for Lokichar Oil
Kenya’s Energy and Petroleum Minister, Charles Keter, stated that the government and its upstream partners, Tullow Oil, Africa Oil and Maersk Companies, have concluded a Joint Development Agreement (JDA) for the deve ...
India’s Oil Imports from Iran Grew 37%
India’s oil imports from Iran rose to its highest level in five years, amounting to 523,000 b/d in July, which is a 37% jump from June's volume, and more than double that of the same period in 2015.
GNPC to Offload Crude at Tema Refinery
Ghana National Petroleum Corporation (GNPC) CEO, Alex Mould, has declared that the corporation is willing to offload crude oil to the Tema Oil Refinery (TOR) if the company is competent at supplying the sufficient fi ...
Fitch: Kuwait Rated AA with Stable Outlook
Fitch ratings stated that Kuwait was rated AA with a stable outlook, and the country has an exceptionally strong fiscal position, yet it has achieved smaller fiscal consolidation than other regional countries, based ...
ExxonMobil to Reroute Nigerian Crude
US oil giant ExxonMobil plans to export Qua Iboe crude oil through a secondary pipeline while it repairs damaged of the main line sustained in July.
Egypt Pays Off Dues for Imported Oil, Gas
The Egyptian Ministry of Petroleum and Mineral Resources announced that Egypt had paid all its due bills for the purchase of imported crude oil and natural gas from foreign companies for the fiscal year 2015-2016.
