Oil | Egypt Oil & Gas - Part 32

Turkey to Restore Pipeline for Oil Transfer from Northern Iraq

Turkey has begun work to repair a pipeline taking crude oil from northern Iraq to the Mediterranean through its restive southeast and aims to restore flows soon.

Sudan in Talks with China to Develop its First Gas Pipeline

Sudanese Oil Minister, Mohamed Zayed Awad, held discussions with officials from the state-owned China National Petroleum Corporation (CNPC) to build the first gas pipeline in Sudan and to develop crude and gas indust ...

Italy to Hold Referendum on Offshore Drilling

Italy has set 17th April as the date for a referendum on the duration of offshore drilling for oil and gas in Italy. The Constitutional Court gave the green light to the decision welcomed by regional councils and env ...

Nigeria Backs Oil Output Freeze

Nigeria backed Saudi Arabia and Russia in freezing oil production while giving Iran and Iraq a way out to regain some of their market share lost due to sanctions and war.

US to Offer 45m Acres in Exploration Bids in Gulf of Mexico

The US Bureau of Ocean Energy Management (BOEM) announced it would offer approximately 45m acres in the Gulf of Mexico for oil and gas exploration and development in two March lease sales.

Saudi Arabia, Russia, Qatar, Venezuela Agree to Freeze Oil Output

Saudi Arabia and Russia said they would halt oil production as long as other major producers followed suit. Saudi Arabia, Qatar, Kuwait, and Venezuela, all OPEC members joined them in the production freeze.

Libya Intercepts Suspected Smuggling Tanker Heading To Malta

Libya's Coast Guard has intercepted a tanker suspected of involvement in fuel smuggling operations while in waters off the country's western region and headed for Malta.

Ghana Striving for Economic Recovery Seeking Oil Output Boost

Ghana's President, John Dramani Mahama, has projected country’s oil production to hit 0.5mb/d in 2020 by adding oil from recently discovered reservoirs of Greater Jubilee, made by Eni, to the current output of 120,00 ...

Fire on Mexico’s Pemex Platform Kills Three Workers

A fire that broke out on a Pemex offshore Abkatun A Permanente processing platform in Mexico's oil-rich Bay of Campeche killed three workers and injured at least seven more, but the latest in a string of incidents is ...

IMF is Ready to Lend to African Oil Producers, No Requests Made

The IMF said it stands ready to help sub-Saharan Africa's oil exporters cope with plunging crude prices and growing fiscal pressures but has not received any new funding requests.

Page 32 of 100

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