crude oil | Egypt Oil & Gas - Part 21

Russia, China Boost Energy Deals

Russia and China have sealed a number of energy deals during the Russian President, Vladimir Putin, most recent visit to Beijing.

Japan Eyes New Oil Suppliers

Japanese oil companies are expanding their network of crude oil suppliers, becoming less dependent on the Middle Eastern imports.

Venezuela’s Orinoco Oil Belt Increased Oil Production

The Venezuelan Minister of Petroleum and Mining, Eulogio del Pino, has declared that the daily production of crude oil from Orinoco Oil Belt has increased from 20,000 to 30,000 b/d, thus benefiting the whole region.

Shell Spills Nearly 2,100 Barrels of Oil into Gulf of Mexico

An oil spill from Royal Dutch Shell’s offshore Brutus platform has released 2,100 barrels of crude oil (88,200 gallons) into the US Gulf of Mexico.

Tanzania-Uganda Oil Pipeline to be Launched in August 2016

Construction of the long-awaited Tanzania-Uganda crude oil pipeline is expected to start in August this year, and will be completed in 2019. The $4b pipeline is to ship 200,000b/d and it will be carried out by UK’s T ...

Egypt SuMed Pipeline Yet to Accept Iran Oil After Sanctions

Crude oil producers in Egypt and Gulf States have yet to let Iran resume oil shipments through a pipeline they operate to supply customers in Europe and the Mediterranean Sea region.

EGPC Aims to Increase Refineries’ Capacity in 2017

The Egyptian General Petroleum Corporation (EGPC) aims to increase refineries capacity to reach 30m tons of crude oil in the second half of 2017.

Kenya to Boost Oil Exports by Trucks and Trains before 2017

The Kenyan government is considering moving its crude oil by road and railway in line with a strategy to boost crude exports before the 2017 election, which would mean to sidestep bureaucracy involved in constructing ...

Militants Bomb Another Crude Pipeline in Nigeria

A crude oil pipeline in Nigeria's southern state of Bayelsa operated by the local subsidiary of Italy's Eni– was attacked. A spokesman for Nigeria's state oil company said he could not yet say whether exports would b ...

Iran Plans to Boost Oil Output by 500,000 Barrels a Day

Iran has announced plans to boost its oil production by 500,000b/d, taking advantage of the final removal of sanctions in mid January.

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