Oil | Egypt Oil & Gas - Part 33
Venezuela Launches Largest Oil Tenders Ever
Venezuela’s state-run oil company PDVSA has launched one of its largest oil tenders ever, seeking to buy some 8m barrels of US or Nigerian light crude for delivery from April through June, according to a documen...
US Oil&Gas Rig Count Drops to Record Lows
The number of rigs drilling for oil and natural gas in the US has fallen to the lowest level since at least 1940, oil services company Baker Hughes Inc said, The Wall Street Journal reported. The number of combined ri...
LatAm Oil Producers Meeting Postponed
A key meeting between Latin American oil producers and exporters planned to unify the region in backing an output freeze or other measures to bolster prices, has been postponed due to scheduling difficulties, Ecuador&...
Kenya Aims First NorthWest Fields Crude Production by 2017
Kenya aims to start small-scale crude oil production from fields in its northwest in 2017 and has commenced to work on road and rail infrastructure that will be used to transport it, Reuters reported. Energy and Petro...
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 Economy...
Saudi Aramco Plans to Double Gas Production in 10 Years
Saudi Aramco, the world’s largest oil and gas company, plans to nearly double its gas production to 23bscf/d in 10 years, according to its Chief Executive Amin Nasser . “The kingdom has managed to increase gas p...
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, Trade Arabia reported. Iran reclaimed its money over the past t...
