Oil | Egypt Oil & Gas - Part 31
Ukraine Seeking Energy Cooperation with Iran
Ukraine is seeking to launch joint ventures with Iran in oil, gas, petrochemicals, and agriculture sectors, said Ukrainian Deputy Prime Minister and Minister of Regional Development, Construction and Municipal Econom ...
Saudi Aramco Plans to Double Gas Production in 10 Years
Saudi Aramco plans to almost double its gas production to 23bscf/d in the next decade, according to CEO Amin Nasser.
Exxon Mobil Records First US Crude Export
After a 40-year ban on US oil exports was lifted, Exxon Mobil Corporation became the first major American oil company to export crude oil trying to ease the crisis in the oil market in the US, together with other oil ...
Shell Repays $1.94b Oil Debt to Iran
Royal Dutch Shell has paid $1.94b it owed to the National Iranian Oil Company, settling debts after sanctions against the country were lifted in January.
Iranian Crude Cargo Reaches Europe
The Monte Toledo oil tanker became the first to have delivered Iranian crude into Europe since mid-2012, after the economic sanctions on Tehran were lifted earlier in January 2016. The tanker carried a haul of 1m bar ...
Eni Opens Three New Plants in Iraq’s Zubair Field
Italian energy company Eni has opened three new plants for oil, gas, and water treatment in the Zubair oil and gas field in Southern Iraq.
Nigeria to Restructure State Oil Giant to Make it Profitable
Nigeria is set to split its giant state-run National Oil Company into 7 independent units -before it was said the split would be into 30 units– in an effort to improve efficiency in the wake of the oil price crash.
Russia’s Rosneft to Increase Oil Deliveries to Europe by 3%-5%
Russia's largest oil producer Rosneft plans to increase oil deliveries to European customers via the Druzhba pipeline to 28.7-29mmt/yearin 2016, or by 3% to 5%.
