Oil | Egypt Oil & Gas - Part 23
South Sudan Requests $1.9b in Chinese Aid
South Sudan's Foreign Minister, Deng Alor, stated that Sudan has requested China to invest about $1.9b to develop the Sudanese oil fields and to set-up energy projects.
Iraq to Double Halfaya Oil Output
Iraq expects to double output at the southern Halfaya oilfield, to reach its planned maximum of 400,000b/d in 2018.
Oil Companies Owe Ghana Over $700,000
Nine oil companies have failed to pay Ghana $721,000 in overdue surface rental fees.
SA’s Sasol Marks Petrol, Diesel Sales Decline
The South African chemicals and energy company Sasol has marked a decline in its sales of petrol and diesel - white product liquid fuel - from 59mb in June 2015 to 58mb in June 2016.
Transcorp Suspends Plans to Construct $1B Power Plant
Transnational Corporation of Nigeria Plc has decided to postpone plans to construct one of Nigeria’s biggest power plants
China Eying Oil, Gas Investments in Sudan
The Sudanese Minister of Oil and Gas, Dr. Mohamed Zayid Awad, has stated that Chinese companies are willing to invest in Sudan's oil and gas industry, with reference that China already holds 75% of foreign oil invest ...
US Oil Producer Pioneer Posts $268m Net Loss in Q2
US oil producer Pioneer Natural Resources Co. posted a second-quarter net loss of $268m, wider than $218m a year ago.
Indonesia to Sign Oil MoU with Iran
Indonesia's state-owned energy company Pertamina will sign a memorandum of understanding with the National Iranian Oil Company (NIOC) in August that will allow Pertamina to evaluate and assess up to four Iranian oil ...
