Lianzi Field’s Oil Output Declined to 23,000b/d

• Tuesday, 29th November 2016
• by Editorial Team

The oil production at the Lianzi field, as result from a shared agreement between Angola and Congo Brazzaville, dropped from 31,000b/d to 23,000b/d, informed Agência Angola Press. The Angolan Oil Minister, José Maria ...

Oil falls on economic, demand concerns

• Saturday, 21st January 2012
• by Egypt Oil & Gas

Friday, pressured by economic uncertainty ahead of a possible debt deal in Greece, concerns about China’s sluggish manufacturing sector and weak U.S. petroleum demand. China’s manufacturers had a sluggish ...

Oil Falls to Lowest Level in Three Weeks on Plans to Delay Iranian Embargo

• Saturday, 14th January 2012
• by Egypt Oil & Gas

Oil dropped to a three-week low after two European Union officials said an embargo on Iranian crude imports may be postponed for six months. Crude fell 0.4 percent as officials said that the ban would be delayed to al...