The continued fall of crude oil prices on the international market may impact negatively on Africa's economic growth, the African Capacity Building Foundation (ACBF) said Friday.
A subsidiary of EnLink Midstream Partners LP has agreed to by LPC Crude Oil Marketing LLC, which has crude oil gathering, transportation, and marketing operations in the Permian basin.
Mexico's state oil company wants to import about 100,000 barrels of light U.S. crude a day to mix with this country's heavier oil as a way to improve refinery processes.
Iraq's crude oil exports reached 2.94 million b/d in December, a new record high, taking the country's 2014 monthly average to 2.517 million b/d, as the recent deal with Kurdish authorities begins to bear fruit.
Egypt General Petroleum Corporation (EGPC) has issued a tender to import three cargoes of Middle East crude oil between July and September, a tender document showed.