crude oil | Egypt Oil & Gas - Part 24

MIDOR Chairman: Processing 50,000 b/d of Crude to Boost Local Supply

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 ...

New Saudi-Bahrain Land-Sea Pipeline to Cost $300m

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

Iran Pitching New Contract Model to Recapture Oil Markets

Iran's Oil Ministry website Shana announced on Friday that the long-awaited new model contract for oil and gas will be unveiled ahead of schedule

Spain Capitalizes on Cheap Energy, Eager for Iranian Crude

Iran announced its readiness to export crude to Spain

Oil Companies Ponder Exiting Angola Due to Regulatory Costs

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.

Mozambique Attracting Oil, Gas, LNG Investments from Far and Wide

South Africa's Sasol Ltd. has a two-pronged strategy on behalf of Mozambique, it seems.

Long Delayed Kenya-Uganda Pipeline to Spur Oil Investments

After months of deliberation Kenya and Uganda have finally agreed on the route of a joint pipeline that will reach the Indian Ocean

Production to Begin Soon in Nigeria’s Aje Field

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.

Kurdistan Begins to Bypass Iraq Crude Export Controls

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.

UAE Balancing Crude Exports with Refinery Expansion

United Arab Emirates (UAE) crude oil exports are expected to fall in the fourth quarter of 2015 as the Gulf OPEC member upgrades its Ruwais refinery and processes more oil to feed rising domestic demand

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