Mohamed Orabi, Chairman of the Nasr Petroleum Company (NPC), confirmed that his company had refined about 2.5m tons of crude during the 2014-2015 fiscal year.
According to the Tripoli Government - Which is not an officially recognized government- Libya will import electricity from Egypt and Tunisia and rent generators as it struggles with power outages that have plunged it ...
Algeria will trim spending in its 2015 budget by 1.35 percent, expecting a slump in oil prices to reduce its energy earnings 50 percent, the government said on Thursday.
Iran’s gasoline consumption rose in the first quarter of this year which began on March 21 despite the country’s cancellation of subsidized fuel to motorists
Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in August on weaker fuel oil cracks, while keeping the price for its flagship light crude little changed
Iran is hoping to ramp up its sales of liquefied petroleum gas (LPG) after doubling the country’s fleet of carriers for shipment of the fuel to the international market