Oil | Egypt Oil & Gas - Part 24
Libya’s NOC Signs Agreement to Reopen Oil Ports
The Libyan UN-backed authorities have reached an agreement with the Petroleum Facilities Guards (PFG), an armed brigade monitoring the two main oil ports Ras Lanuf and Es Sider, to bring an end to a blockade and rest ...
Ministry of Petroleum to Expand Midor’s Refineries in 2019
The Egyptian Ministry of Petroleum and Mineral Resources seeks to invest $1.6b in a project that aims to expand the refining facilities of the Middle East Oil Refinery (Midor) in order to meet the domestic demand of ...
Ministry of Petroleum Owes $400m to Germany’s RWE
Egypt’s Ministry of Petroleum owes $400m to its German counterpart, RWE, a leading company in manufacturing coal and nuclear-based electricity generators in Europe. The amount accounts for the Essen-based company’s s ...
Brazil’s Petrobras Notes Record High Oil & Gas Outputs
Brazilian state-run oil company, Petroleo Brasileiro SA (Petrobras) has declared that new wells have helped push oil and natural gas output to a record high in June 2016 after falling to two-year lows in recent month ...
Gulf of Mexico Fire Halts Various Pipelines’ Operations
At least two offshore oil and natural gas platforms have stopped operations in the US Gulf of Mexico after an Enterprise Product Partners LP plant had caught fire in Pascagoula, Mississippi.
Canadian Natural Resources Mulls $50m Investment in New Wells
Canadian Natural Resources Ltd., the country’s largest producer of natural gas and conventional heavy oil, has declared that it will additionally invest $50m to drill 123 new heavy oil wells, 5 new light wells, and 1 ...
Oil Ministry Focused on Gas to Meet Domestic Demand
In the last couple of years, Egypt's Ministry of Petroleum has focused to provide fuel needs to the domestic market through contracts on gasification ships to receive Liquid Natural Gas (LNG) shipments.
BP Review: Oil Forms 32.9% of Global Energy Consumption
BP has released its 65th edition of the Statistical Review of World Energy revealing that in 2015 the global demand and supply of energy had advanced as the global consumption has slowed down and the mix of energy so ...
