Europe | Egypt Oil & Gas - Part 5
BP to Ship Natural Gas from Azerbaijan to Europe
BP has confirmed plans to start up natural gas exports from Azerbaijan to Europe by the end of 2020, according to Reuters. BP said in a statement to Reuters, “(This) will allow the Shah Deniz Consortium to finalize th...
Norway Gas Exports to Europe Rise Despite Oil Strikes
Norwegian gas supplies rose to Europe in the midst of a workers’ strike that has seen oil production decrease by 8%, according to Reuters. According to gas analysts at Refinitiv, “the flexible fields have been ramped ...
Russia Gas Flows into Europe decreased by 20% in June YoY
S&P Golbal Platts data showed that Russian gas flows to Europe was steady in June at 11.1 billion cubic meters (bcm), which represents a decline of 20% year on year (YoY), S&P Global Reported. The data stated ...
Aramco Cuts Arab Light Septrmber Prices for Asian Markets
Saudi Aramco announced that the price of the Arab Light crude to Asian customers has been decreased by $0.75 per barrel for September delivery, compared with a premium of $1.70 per barrel to the Oman/Dubai crude avera...
KPI Acquires 67 Stations in Spain
Kuwait Petroleum Spain (Q8), a subsidiary of the Kuwait International Petroleum Company (KPI), has purchased 67 fueling stations from Saras Energia, Asharq Al-Awasat reported. This deal strengthens KPI’s presenc...
Aramco to Boost Oil Supply to Europe
Saudi Aramco plans to expand its trading operations in Europe by increasing oil supply by 300,000 barrels per day (b/d) over the next two years, according to a senior company executive. “I am going to bet on Europe...
Iran Increases Oil Exports to the West
Iran’s oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016 and almost caught up with volumes exported to Asia, according to Reuters. Iran, which used to be O... Iran Plans to Boost Oil Exports to Europe
Iran says it expects to increase exports of crude oil to Europe to as high as 800,000b/d by May, Press TV reported. The announcement was made by the National Iranian Oil Company’s (NIOC) Managing Director, Ali Kardor....
