While Nigeria has been struggling to recover from the militant attacks that affected its crude oil productions and exports, the US crude oil exports emerged into markets that Nigeria used to dominate.
Egyptian Minister of Petroleum, Tarek El Molla, met with Apache's CEO, John Christmann to discuss expanding the company’s exploration projects in Egypt.
Saudi Arabia's oil exports to the US will decrease by around 300,000b/d during March, and total shipments would remain around March levels in the coming months.
Nigeria tripled the volume of it’s crude oil exports to the United States from last year, seven years after the US began depending less on Nigeria’s crude.
Saudi Aramco finalized the execution of definitive agreements with Royal Dutch Shell plc to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises LLC joint venture (JV).
French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers.