oil output | Egypt Oil & Gas - Part 4

Libya Starts Repair at Es Sider Oil Port

Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves.

Nigeria Ponders Crude Import from Chad, Niger

The Nigerian National Petroleum Corporation (NNPC) plans to import crude oil from Chad and Niger to nourish its Kaduna refinery since it has been facing shortages as a result of constant militancy in the Niger Delta.

Venezuela Seeks to Revive OPEC Freeze Talks

Oil Minister for Venezuela, Eulogio del Pino, is once again hoping to persuade the Organization of the Petroleum Exporting Countries (OPEC) to reach a freeze deal that would help boost global oil prices.

IMF Forecast Cites MENA Growth after Oil Price Recovery

The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices.

South Sudan to Repair Oil Facilities

Damage to South Sudan’s oil fields after more than two years of civil war will hamper plans to boost output, Petroleum Minister said adding the country needs the revenue from pumping more oil to tame an economic crisis.

Riyadh and Moscow Propose to Freeze Oil Output

Oil ministers of Saudi Arabia and Russia, Ali Al-Naimi and Alexander Novak, held talks in Qatar on 16th February to discuss the oil market amid a push for cooperation between OPEC and other major producers to tackle ...

Libya Peace Deal Expected to Restore Oil Output

The UN-backed deal signed between Libya's two rival factions in Morocco on December 17th is to create a unity government to help recover stability in the divided country, and counter the threat of Islamic State milit ...

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