Saudi Aramco announced its entry into the Baltic market after signing a contract with Poland’s biggest refiner, PKN Orlen, for Aramco to supply PKN with 50,000bp/d starting in June, Reuters reported. The oil w...
Nigerian company’s inability to supply agreed volume of gas to Ghana via the West African Gas Pipeline prompted renewed calls to seek alternative gas suppliers in that country. The two countries had agreed on a...
Nigeria’s Ministry of State for Petroleum Resources has issued a direction to the Pipelines and Products Marketing Company and the Petroleum Products Pricing Regulatory Agency, requesting a special supply interv...
US News & World Report cited Qatar’s Energy and Industry, Minister Mohammed bin Saleh al-Sada as saying that oil prices have bottomed out ahead of an expected meeting of OPEC members and other oil producers ...
Due to requests made by factory owners, the Ministry of Petroleum decided to supply fuel oil and diesel to cement and fertilizer factories, as a means to compensate the temporary lack of gas, reported Egypt Oil &...
Over the past week Alexandria and Suez Ports have received more than 10 thousand tons of imported LPG to meet local needs, reported Almal News. The Egyptian General Petroleum Corporation (EGPC) confirmed that the LPG...
In his opening address during a symposium on regulating gas market in Egypt, pointed out that the exceptional circumstances witnessed by Egypt during the past four years created a temporary gap between the production ...
The Petroleum Ministry is working on an integrated program to secure fuel supplies to the local market and improve services offered to citizens. Minister of Petroleum Sherif Ismail said the ministry is seeking to incr...
The Ministry of Petroleum will increase butane supplies to 1.1m butane gas cylinders on a daily basis in June and July, reported state-owned news agency MENA Monday. The increase in gas supplies is to cover citizens’ ...
Speculators are losing faith in the oil rally, judging that OPEC will keep increasing supply from the highest level since 2012. Their net-long position in West Texas Intermediate crude dropped 2.1 percent, as long wag...