petroleum | Egypt Oil & Gas - Part 4
More Oil Moved through Suez Canal
The movement of vessels carrying oil and petroleum derivatives through the Suez Canal has increased by 36% from 6.8m tons in December 2015 to reach 9.3m tons in December 2016.
Nigeria Seeks Stable Petroleum Distribution
The Nigerian National Petroleum Corporation (NNPC) has requested the support of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to guarantee efficient distribution of petroleum products nationwide ...
Egypt, Uganda Talk Energy Cooperation
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with his Ugandan counterpart to discuss bilateral cooperation between the two countries.
China’s Sinopec Closes 500 Gas Stations, Refineries over Flooding
The massive flooding in China, that is reported to be the country’s worst since 1998, has forced the largest oil company in Asia, Sinopec, to close 500 gas stations and shut down some refinery facilities in the south ...
Spain’s Repsol to Enter Indian Market
Spain’s largest petroleum company, Repsol, has partnered up with GP Petroleum Ltd, a UAE based oil company, to enter the Indian market.
China’s Bank Ready to Finance Petroleum Projects in Egypt
After a meeting between the Minister of Petroleum and Mineral Resources, Tarek El Molla, and a delegation of China Development Bank (CDB), the bank expressed its readiness to finance petroleum Projects in Egypt.
Egypt’s Petroleum Products, Gas Consumption Rose
Egypt consumed about 73.36m tons of petroleum products and natural gas during the fiscal year (FY) 2014/2015, compared to 73.04m tons in FY 2013/2014, an increase of 0.43%, according to CAPMAS.
Nigeria Plans to Export Fuel by 2019
Nigeria's Minister of State for Petroleum, Ibe Kachikwu, disclosed federal government’s intention to export refined petroleum products by 2019, after building three new refineries in Kaduna, Port-harcout and Warri.
