Libya is considering to export Libyan petroleum oil to Egypt for Egyptian Pounds to alleviate Cairo’s burden to secure foreign currency for fuel imports
The Iraqi Oil Marketing Company (SUMO) announced that the country's crude oil production in August remained steady at 4.638mb/d compared with 4.632mb/d in July.
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...
To support its growing oil and gas markets, Kenya inaugurated the first part of a new container terminal at Mombasa which is expected to boost by 50% the volume of cargo handled by East Africa's largest seaport.
Oman’s crude oil exports grew by 6.2% during the first seven months of 2016. However, the average price of Omani crude fell by 39.9% in the overseas markets during the same period of time, resulting in a net revenue ...
Libya's National Oil Corporation (NOC) sent the Greek flag vessel New Hellas tanker to begin loading oil at the country's eastern Zueitina port, after rival forces stationed in the area agreed to let it dock and take ...
Iraq's oil exports from its southern ports rose to 3.2mb/d on average in July, up from 3.175mb/d in June, as the Arabic nation increased crude production to bring in a $3.744b in oil export revenues.
Kurdistan’s oil revenue fell nearly 20% in July to less than $400m, as export loadings slipped and oil traders slashed their monthly prepayments to the Kurdistan Regional Government.
Oil traders who specialize in purchasing cargoes from Mediterranean ports have low confidence in the imminent resumption of shipments from two key Libyan terminals, even after a deal was struck in July to reopen the ...