crude oil | Egypt Oil & Gas - Part 24
Militants Bomb Another Crude Pipeline in Nigeria
A crude oil pipeline in Nigeria’s southern state of Bayelsa was attacked on the 28th of January. The attack came a few days after another attack on a pipeline in Gbaramatu kingdom Delta state, in Nigeria, report...
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, said Reuters. Plans are already under way to boost production from oilfields Iran ...
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 re...
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, reported Press TV. No further tech...
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, Daily Post Nigeria reported. In the site, the a...
Algeria’s Bir Seba Field Marks its First Oil Flow
Vietnamese oil and gas explorer, PetroVietnam Exploration Production Corporation (PVEP) celebrated the first commercial oil flow from the Algerian Bir Seba field, Vietman Net reported. The Bir Seba fields in Sahara De...
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...
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, Reuters reported. Tripoli-based NOC Chairman Mustafa Sanallah gave the figures at the Libya...
