According to the National Development and Reform Commission (NDRC), China’s crude oil output dropped by 4.8% year-on-year to 100.45m tons in H1 of 2016, reported China Daily. Xinhua wrote that the drop came as the oil...
According to the Assistant Vice Chairperson at the Egyptian Natural Gas Holding Company (EGAS), Amira El-Mazni, the number of companies applying for licenses to import natural gas from abroad has increased to five com...
After the completion of Ukraine’s 2015/2016 heating season, natural gas stocks that are stored in the country’s underground facilities have increased by 16.7% or 1.406bcm, reported Interfax Ukraine. UA Position furthe...
Spain’s largest oil company, Repsol, has signed a contract with the Iranian oil ministry to purchase and import 1m barrels of Iranian crude oil in July 2016, according to a report from the ministry, reported Iran Dail...
Tunisian Minister of Energy and Mining, Mongi Marzouk, announced that the Tunisian Agency for Oil Activities officially began publishing documents of all oil agreements that were signed in the country since 1960, Zawy...
Ghana, which has two import terminal projects planned, expects to start importing liquefied natural gas (LNG) early next year, the acting Chief Executive of Ghana National Petroleum Corporation (GNPC) said, adding th...
Egyptian Qalaa Holdings, the most dominating investment company in the Middle East and Africa, is positive about how its new mega refinery will reduce the country’s dependence on oil imports, according to what its Cha...
Nigeria will get $200m in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages that has hit the OPEC producer, the head of state-run oil firm NNPC said, Reuters reported. As Pet...
Saudi Arabia is expected to provide Egypt’s oil needs for a five-year period, which will increase the quantity of imported oil from 500,000 to 700,000 tons per year, a senior government official told Egypt Indep...
The Egyptian Natural Gas Holding Company (EGAS) decreased the volume of imported gas by approximately 7%, to reach 650 mcfd compared to 700 mcfd in January. The decline was due to the decrease in domestic consumption,...