crude oil | Egypt Oil & Gas - Part 20
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.
Sasol Expands Oil, Gas Output in Mozambique, Gabon
Energy and chemicals group Sasol has increased its natural gas, condensate and crude oil production in Mozambique and Gabon.
Iran Plans to Seal Long-Term Oil Sales with Europe
Director for International Affairs of NIOC said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term agreements.
Kenya, Uganda Negotiating Crude Pipeline
Kenya and Uganda are in talks to build separate crude pipeline in order to facilitate Uganda's oil export to Kenya's coastline, as transport cost is expected to increase over preliminary negotiated Uganda-Tanzania route.
Egypt Decreased Kuwaiti Crude Imports
The Egyptian Ministry of Petroleum announced that the crude oil import from Kuwait has decreased from 3mb/month to 2mb/month.
Tanzania, Uganda to Complete Oil Pipeline in 2020
Tanzania plans to complete construction of a crude oil pipeline from Uganda in 2020 at an estimated cost of $3.5b.
