Oil | Egypt Oil & Gas - Part 25
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 Today reported citing a report issued by the Nigerian N...
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, according to the Nigerian National Petroleum Cor...
Dar Al Salam, Maputo Compete for Collecting Gas Investments
Tanzania and Mozambique are currently competing for investments to develop their existing gas fields. However, Tanzania’s chances are at risk since Mozambique has thrice the amount of natural gas resources and i...
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 and infrastructure projects, ABC News reported. In e...
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, Iran Daily reported. Director General of the state-run Missan Oil Company, Adnan Noshi, said that Ir...
Oil Companies Owe Ghana Over $700,000
Nine oil companies have failed to pay a total of $721,000 in surface rentals to the Ghanaian government as of year end 2015, Ghana News reported. According to Ghana Revenue Authority (GRA), revenue from the oil sector...
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, informed eNCA. The ove... Transcorp Suspends Plans to Construct $1B Power Plant
Transnational Corporation of Nigeria Plc (Transcorp) has decided to postpone plans to construct one of Nigeria’s biggest power plants. The decision comes as a consequence of the gas scarcity and the economic decline ...
