crude oil | Egypt Oil & Gas - Part 22

CAPMAS: Egypt’s Crude Oil Imports Drop 68% in September

Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS), the state statistics agency, reports that imports of 10 commodities dropped to $2.1b, down by 29%, during September 2015, which is largely the r ...

Iran Targets Gas Exports for Region, Oil Exports Worldwide

Iran has held negotiations with Georgia about the export of 300-500mcf/d of Iranian natural gas through established channels in Armenia, boosting its profile in the regional market.

Nigeria Navy Raids Illegal Crude Oil Traders

The Nigerian Navy said it had uncovered a hideout of crude oil thieves in Oteghale community, Warri-South Local Government Area of Delta State, and arrested 16 suspects.

Algeria’s Bir Seba Field Marks its First Oil Flow

Vietnamese oil and gas explorer PetroVietnam Exploration Production Corporation celebrated the first commercial oil flow from Bir Seba, in Algeria.

Sinopec to Lease 75% of Hovensa Oil Storage Capacity

Sinopec, Asia's biggest oil refiner, and Freepoint, US commodity trader, will take part in reviving the Caribbean oil refinery, Hovensa, in collaboration with Limetree Bay Holdings LLC, the buyer of the complex in S ...

Libya Oil Production up to 440,000 B/D NOC Says

Libya is producing roughly 440,000 bpd of crude oil, the chairman of the country's National Oil Corporation (NOC) said.

South Africa Looks to Iraq for Oil Security

South Africa's Strategic Fuel Fund (SFF) is seeking to import 24 m barrels of oil a year from Iraq to boost its reserves

Saudi-Russia Price War Extends to European Theatre

Oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi grades thanks to aggressive price discountin

Uganda, Tanzania Agree to Study Possibility of Crude Oil Pipeline

Uganda and Tanzania have signed an agreement to explore the possibility of building a crude oil pipeline between the two countries.

Buhari Thanks China for Intercepting Nigeria’s Stolen Crude

Nigeria's President Muhammadu Buhari said China has intercepted shiploads of crude oil stolen from Nigeria.

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