PDVSA to Offload Crude from Floating Oil Facility

• Tuesday, 20th October 2020
• by Editorial Team

Venezuela’s state-owned oil company Petroleos de Venezuela (PDVSA) is set to offload crude from the Nabarima floating oil facility amid environmental concerns.

World Bank Extended Sankofa’s Funding by $517m

• Sunday, 18th December 2016
• by Egypt Oil & Gas

Two unit of the World Bank Group would provide another $517m to Ghana in debt and guarantees to support the $7.7b Sankofa oil and gas project developed by Italy's ENI SpA and upstream trader Vitol Ghana.

Sub-Saharan Africa Boosts Oil, Gas Projects

• Monday, 8th August 2016
• by Egypt Oil & Gas

Sub-Saharan Africa is expected to start operations of 43 crude and natural gas projects in total by 2025. Tullow Oil plc, Total S.A, Chevron Corporation, and Eni SpA are interested in the regional investments.

Iran to Start Shipping 300,000b/d of Crude to Europe

• Sunday, 7th February 2016
• by Egypt Oil & Gas

Iran will start shipping 300,000 b/d of crude to Europe, 54% of the total it had sent before the European Union's import embargo in 2012.