In exclusive statements made to Egypt Oil & Gas, Middle East Oil Refinery (MIDOR) chairman Dr. Mohamed Abdul Aziz asserted that his company was processing 50,000 b/d of crude to supply local markets with petroleum pr ...
Bahrain's Energy Minister, Abdul-Hussain bin Ali Mirza, announced that Saudi Arabia and Bahrain have signed contracts worth around $300m for a new 350,000 b/d oil pipeline between the two countries
A series of measures introduced by Angola’s government in recent years has pushed production costs up as much as $500m annually and the country risks losing investment from foreign oil companies.
The Aje shallow-water field offshore Lagos might begin crude oil production before the year runs out following the commencement of drilling on the Aje-5 production well on the Oil Mining Licence 113.
Iraqi Kurds are independently selling oil produced in their region, bypassing the country’s state crude marketer for all exports so far this month, said Safeen Dizayee, a spokesman for the Kurdistan Regional Government.