oil export | Egypt Oil & Gas - Part 2

Japan to Invest $10b in Iran

Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran.

Nigeria, Angola Crude Exports to US Increased

Nigeria's and Angola's crude oil export to the United States has risen from the 190,000 b/d recorded in Q1 of 2015 to 354,000 b/d in Q1 of 2016.

Kuwait to Boost Oil Exports through Suez Canal

The Kuwait Petroleum Corporation has signed an agreement with Egypt’s Suez Canal Authority to boost the bilateral cooperation between the two countries and increase the number of Kuwaiti tankers to increase the Kuwai ...

Libya to Resume Oil Shipment

Libya will resume oil shipments from the port of Marsa El Hariga after an agreement was reached at talks in Vienna between rival oil officials representing the east and west of the country

Aramco, SUMED Expand Saudi Oil Shipment to Europe

Saudi Aramco and Egypt's SUMED pipeline operator have signed a contract to boost the capacity of Saudi oil transported via SUMED from the Egyptian Ain Sukhna port on the Red Sea coast to Aramco's customers in Europe.

Iraq Oil Export Increased to 3.5mb/d in April

Oil fell as rising exports from Iraq underlined the global oversupply situation over an increase from Iraq's southern ports of an average of almost 3.5mb/d in April, an official from the state-run South Oil Company said.

Oman Ponders $4b Investment to Boost Oil Output

Oman Oil's exploration and production division mulls investments worth $4 billion over the next five years to boost its oil output up to 200,000b/d in 2020.

Nigerian Pipeline Plundered for $250m Worth of Oil

The Nigerian National Petroleum Corporation said that nearly $250m worth of oil was stolen from a single Nigerian pipeline running north-east.

Indonesia and Iran Cooperating in Oil, Power Generation and Housing

Iran and Indonesia have signed a deal on oil export and the construction of a power plant and a refinery in the Southeast Asian country

Saudi says can pump more fast, favors $100 oil

Saudi Arabia, the world's top oil exporter, said on Monday it can pump more oil at a moment's notice, the day after Iran warned Gulf oil producers not to compensate for any disruption to Iranian output.

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