Refineries | Egypt Oil & Gas - Part 8
Iraq Mulls Tying Oil Companies’ Revenues to Global Oil Prices
The Iraqi oil ministry is holding talks with foreign oil companies debating alteration to the signed agreements in an attempt to switch from the currently used service agreements model to a revenue-sharing model that ...
Riyadh, Beijing Sign 14 MoUs Including Nuclear Reactor Deal
Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Ri ...
Nigeria’s Refineries Start Production to Stabilize Supply
Several of Nigeria's struggling oil refineries are back in production and making enough gasoline to help stabilize supply in the country.
Nigeria Navy Destroys Illegal Oil Refineries
The Nigerian Navy has destroyed 48 illegal oil refineries, 8,000 metric tons of stolen oil, and 200 metric tons of refined gasoline (diesel), in a recently conducted operation in the Niger-Delta territory.
US to Lift Oil Export Ban Valued at $1.9b in Total
US Congress has approved a deal to lift a 40-year-old ban on US crude export to allow domestic oil producers sell their production in the global market without restrictions
Iran to Build Oil Refineries in Europe After Sanctions
Iran is finalizing negotiations with Europe to construct refinery units in several European countries that will process Iranian crude oil, and subsequently sell the refined products on local markets.
Nigeria to Boost Profitability in UAE as it Fights Oil Corruption at Home
Alpha Group of Companies Chairman/CEO Sheikh Mohamed Bayorh and senior executives from leading prominent companies in UAE welcomed the Nigerian Minister of State Petroleum Resources, Honorable Emmanuel Kachikwu this ...
Azerbaijan to Enter Egypt’s Petrochemical Industry
SOCAR, Azerbaijan’s state-owned energy company, is interested in taking a stake in Egyptian oil refineries, Reuters reports.
