Light Crude | Egypt Oil & Gas

CNOOC Starts Production at Huizhou 26-6 Oilfield Development Project

CNOOC has commenced production at Huizhou 26-6 Oilfield Development Project in the Peral River Mouth Basin. The project, with an average water depth of about 110 meters, is expected to achieve a peak production of ...

Saudi Arabia to Cut Light Crude Prices to Asia

The official selling price for flagship Arab light crude could be cut by $0.10-$0.40 in May.

Iran Oil Exports to Sri Lanka in the Offing

Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.

Iran Discovers Large Light Crude Oilfield

A huge light crude oilfield with considerable reserves has been discovered in southwest Iran, the Mehr News Agency reported on Wednesday.

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