crude oil | Egypt Oil & Gas - Part 22

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.

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 ...

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