oil output | Egypt Oil & Gas - Part 4
Iraq to Boost Basrah Crude Oil Export
Iraq will export 3.257mb/d of Basrah crude oil in September, up 13% from August, with both Basrah Light and Basrah Heavy seeing a rise in volumes, S&P Global Platts reported. The September program includes 2.324mb...
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, reported Bloomberg. The repair work is...
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
Venezuela’s Oil Minister, Eulogio del Pino, has spoken to the Organizations of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammed Barkindo, ahead of a meeting between OPEC and non-OPEC producer...
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, informed World News Report. Along with Afghanistan and Pakistan, the MENA regio...
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 Dak Duop Bischok said, adding the country needs the revenue from pumping more oil to tame...
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 a...
