Oil | Egypt Oil & Gas - Part 43
Libya Resumes Oil Exports from Zueitina Port
Libya has begun exporting oil again from the eastern terminal of Zueitina after production restarted at a nearby oil field, Libyan oil officials said, in a rare sign of progress in that country’s embattled industry, T...
Petroleum Minister Meets IOCs About Oil and Gas Field Development
Tarek El Molla, Minister of Petroleum and Mineral Resources, held extensive meetings with a number of heads of Arab and foreign companies operating in Egypt including: Emirati Dana Gas, BG Group, Petronas, and Engie (...
Venezuela Succeeds in Calls for OPEC Meeting
The Organization of Oil Producing Countries—OPEC—will hold a technical meeting on October 21st, France 24 reported. Venezuela’s Minister of Mines and Petroleum—Eulogio del Pino—announced the meeting in a recent press ...
Shell Asks Nigerian Oil Exporters to Sign Guarantee
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter of comfort” (LoC) to guarantee that its oil is not stolen, an email from the company seen by Reuters showed. “Please be informed we ...
Oil Majors, Petrobras Skip Brazil Bid Round
Major oil companies like Shell, BP, and Total failed to submit bids for new blocks in Brazil’s most recent auction yesterday, reported Bloomberg. The auction showed dismal results, with only 37 of the blocks being awa...
Canadian Oil Sands Rejects Takeover Bid
Canadian Oil Sands, a major force in the oilsands business in several Canadian provinces, has rejected an unsolicited offer to buy it out, reported CBC News. The reason for declining the offer was not necessarily beca...
First Ever Commercial Scale Solar-EOR Project Developed in Oman
GlassPoint Solar Inc will shortly begin work on the 1-GW Miraah solar thermal park in Oman, reported SeeNews Renewables. Here solar power will be used to heat water into steam for injection into the Amal oilfield, ext...
Nigerian President Relies on Oil Officials in Fight Against Corruption
Nigerian President Muhammadu Buhari is packing his new cabinet with figures from the oil industry, according to Bloomberg, having nominated four former state governors and the current head of the national oil company ...
