Egypt Eyes Oil Products Self-Sufficiency by 2023

• Monday, 25th October 2021
• by Editorial Team

The country is now closer to its goal of self-sufficiency thanks to upgrades of existing refineries and the construction of seven new ones as part of a project costing around $7 billion.

Vitol to Loan Iran $1b for Refined Oil Products

• Sunday, 8th January 2017
• by Egypt Oil & Gas

The National Iranian Oil Company (NIOC) finalized a deal with the world's largest oil trader, Vitol, loaning Iran about $1.05b guaranteed by future exports of refined products.

Aramco Halted Oil Cargos Indefinitely

• Monday, 7th November 2016
• by Egypt Oil & Gas

Saudi Arabia’s Aramco has informed Egypt that shipments of oil products expected under a $23b deal would be halted indefinitely.

South Africa To Consider Deregulating Liquid Fuels

• Monday, 5th September 2016
• by Egypt Oil & Gas

South Africa’s Deputy Director-General of Petroleum and Petroleum product regulation, Tesliso Maqubela, announced that the country’s Department of Energy plans to initiate talks with the petroleum industry concerning ...