Oil | Egypt Oil & Gas - Part 22
Nigeria’s PPMC Sold $2.75b of Petroleum Products
According to the Nigerian National Petroleum Corporation (NNPC) Monthly Operations and Financial Reports for June 2016, the Pipelines and Product Marketing Company (PPMC) earned $2.75b from the sales of petroleum pro ...
Ghana’s GNPC to Supply Local Refineries
The Ghana National Petroleum Corporation (GNPC) will sell crude from its new TEN field to the country's under-supplied refinery, instead of shipping it all offshore as it currently does.
Angola Oil Exports to Drop in Sept, Oct
Angola's crude oil exports are expected to decrease during the fall months, due to maintenance. The south african nation is expected to export under 1.8m b/d of oil across 56 cargoes in September and 1.43m b/d acros ...
India, US Reduce Nigerian Crude Imports
Both India and the US have reduced their Nigerian crude oil imports by 43% and 53% respectively, a call that translated to a minimum loss of $270m of earnings in the Nigerian economy.
Kenya to Start Oil Production from Turkana Discovery
Kenya is set to start the development and commercialization of the deposits from oil discovered in Turkana county as the cabinet approved the transportation of up to 4,000b/d by road and rail from northwest Kenya to ...
EGPC to Expand Oil, Diesel Import
The Egyptian General Petroleum Corporation (EGPC) is currently in negotiations with foreign importers to provide oil and diesel to create massive strategic reserves to cover market demands.
Nigeria Exported 42% of Crude to India, Spain, Netherlands
Nigeria sold 42% of its total annual crude oil exports, which amounted to 320m barrels, to India, Spain and, the Netherlands, from June 2015 to May 2016.
Nigeria’s Oil, Gas Sales Reach $3.46b
Nigeria has earned about $3.46b in oil and gas revenues between July 2015 and June 2016, with a total of $2.3b coming from crude oil proceeds and $1.17b from gas sales.
