Oil | Egypt Oil & Gas - Part 58
Nigerian Oil Crisis Takes a Toll on Bureaucrats
It’s been five months since Johnson Umeadi and his wife, Adaku, received their salaries as government workers in southeastern Nigeria. With Nigeria’s finances shot by last year’s collapse in oil prices, they’re strugg...
Chinese Crude Imports Rebound
China’s crude imports rebounded last month to near a record as the world’s second-largest oil consumer began filling tanks at a new strategic petroleum reserve site. Overseas shipments rose to 29.49 million metric ton...
Russia May Bailout Greece on Energy Needs
According to a report in Russian state-run media outlet Sputnik News, Russia is nearing an agreement to make “direct deliveries” of energy to Greece. Greece imports more than 99% of its energy needs. As it...
Indonesia Seeking to Rejoin OPEC
Indonesia is seeking to rejoin OPEC to get access to cheaper oil supplies as demand soars and domestic production falls, but critics say the move is an unwelcome distraction from efforts to overhaul the country’...
Iran’s Tentitave Moves into the Shale Era
Iran has found possible oil shales in southeast Kerman and northern Semnan as the country is trying to figure out an estimate of its unconventional hydrocarbon reserves. “Preliminary explorations have found three or f...
How the Oil Boom Has Shaped Kenya
THE world’s oldest tools are the size of massive fists, sharpened at the edges and seemingly unblemished, having been preserved in ancient soil. They predate the earliest humans and hint at how long it has taken our s...
Kazakhstan’s Kashagan Oil Field Pumped Back to Life
Kazakhstan, an oil producer since 1911, has the second largest oil reserves as well as the second largest oil production after Russia in the post-Soviet space. Soviet Kazakhstan’s oil production did not increase to a ...
Looking to Make Moves in the Asia, Russia Signs Oil Deal with India
Top Russian oil producer Rosneft has raised the stakes in its battle with Saudi Arabia for market share by securing new Asian markets to hedge against the risk that any new Western sanctions could hit crude sales. Ros...
