crude oil | Egypt Oil & Gas - Part 19
Tema Oil to Refine TEN Crude
Tema Oil Refinery (TOR) is set to begin processing Crude oil from Ghana’s Tweneboah Enyerra Ntonme (TEN) field from early January, Ghana Web informed. TOR’s Managing Director, Kwame Awuah Darko, who describes this dev...
Egypt to Produce 705,000b/d of Oil
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the oil and gas sector plans to increase production of crude oil and condensates to reach 705,000b/d before the end of June 2017. He added t...
NNPC Awarded 2017 Crude Contracts
State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, Reuters reported. The contract is to run from January 2017 to the January 2018 and covers about 1...
Oil to Fund 40% of Nigeria Fiscal Plan
Based on a proposed plan by the Nigerian government to the National Assembly, the country has turned its attention to crude oil to fund the 2017 fiscal plan where oil mineral resources are projected to provide 40% of ...
Crude Oil Found in Nigeria’s Borno State
Borno State, in northeastern Nigeria, has joined the league of oil-producing areas in the country, with the discovery of crude oil after many months of exploration, Ecofin Agency informed. Ministry of Petroleum Resour...
India to Import Nigerian Crude Worth $3.85b
Indian state-run oil refiners have indicated interest to increase total crude oil consumption volume with additional 2m tons of crude oil import from Nigeria in 2017, informed Vangard. A meeting between three Indian s...
Nigeria to Search for Oil in the Gulf of Guinea
As part of efforts to boost the country’s reserves, the state-owned energy company, Nigerian National Petroleum Corporation (NNPC), has announced that it is ready to explore for crude oil in the Gulf of Guinea, declar...
Nigeria Lost 130m Barrels of Crude
Nigeria has lost over 130m barrels of crude oil from January to November this year to the activities of 32 militant groups in the Niger Delta region since the resurgence of militancy in the oil-producing region in 201...
