fuel supply
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Iraq’s SOMO Awards Contract to Supply Fuel to Chevron, Reliance
Thursday, 25th March 2021
The Iraqi State Organization for Marketing of Oil (SOMO) has awarded a contract to supply 750,000 of straight-run fuel oil (SRFO) per month to Chevron Corporation and Reliance Industries in addition to an unidentified Iraqi oil trader from April to September.
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Misr Petroleum to Provide E-Payment Solutions for Fuel Supply
Tuesday, 25th August 2020
Misr Petroleum Company signed an agreement with E-Finance company to activate the fuel management and operation system by providing e-payment solutions for the company’s clients.
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Copetrol, E-finance Sign Contract for Issuing Fuel Smart Cards
Sunday, 3rd May 2020
Co-Operation Petroleum Company (Copetrol) signed a three-year contract with E- Finance Company to issue pre-payed smart cards for supplying fuel to the governmental agencies, which goes in line with the digital transformation projects adopted by the state.
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Fuel Resumes to Normal Pumping Rate
Monday, 19th August 2019
The fuel pumping rate into market will get back to 20 million liters a day, after it has been increased with almost 10% to reach 25 million liters during Eid al-Adha.
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Electricity Demand for Gas and Mazut Eases
Wednesday, 23rd August 2017
The Egyptian Ministry of Electricity and Renewable Resources announced that electricity demand has stabilized due to lower temperatures, uninterrupted production, and a continuous supply of fuel. -
Gulf States’ Fuel Supplies to Egypt Shrink Import Bill
Monday, 9th May 2016
In an statement to Egypt Oil&Gas, Ibrahim Zahran, an oil & gas expert, affirmed that the Gulf States supply of fuel maintained stability in Egypt’s domestic markets as it helped cut down 25% of its current import bill. -
Nigeria to Track Trucks as Fuel Stolen During Shortages
Tuesday, 3rd May 2016
Nigeria is planning to plant tracking devices on trucks as nearly a third of the country’s fuel supply is being stolen in the midst of crippling shortages in Africa’s largest oil producer.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.95 | +1.28% |
Crude Oil (Brent) Brent | USD/bbl | 64.47 | +1.26% |
NYMEX Natural Gas | USD/MMBtu | 2.63 | +0.50% |
OPEC Basket Price | USD/bbl | 61.46 | +0.52% |
Last Modified April 14, 2021