Refineries | Egypt Oil & Gas - Part 8
EGPC Aims to Increase Refineries’ Capacity in 2017
The Egyptian General Petroleum Corporation (EGPC) aims to increase refineries capacity to reach 30m tons of crude oil in the second half of 2017, Al Mal News reported. Official resources at EGPC affirmed that when Mos...
Nigeria’s Refineries to Resume Activity in February
Nigeria’s refineries are expected to restart before the end of February, after attacks on their feedstock pipelines forced their closure in January, Reuters reported. The state oil company halted crude flows and...
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 Riy...
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, a spokesman for the Nigerian National Petroleum Corporation (NNPC) said, ...
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, DailyPostNg...
US to Lift Oil Export Ban Valued at $1.9b in Total
US Congress has approved a deal to lift the 40-year-old ban on US crude export to allow domestic oil producers sell their products in the global market without restrictions, Reuters reported. The provision is to expir...
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, Fars News Agency ...
