Royal Dutch Shell is set to begin operations in its concession areas in Egypt from July 2020, a senior executive revealed.
The U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) has set a new annual record of 1.8 MMbpd in total average in the year 2018 and is likely to do the same in 2019 to 2020.
The group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has disclosed that the corporation has agreed to a $2.5 billion financing for the pipeline project in Nigeria from a Chinese lender.
Sanction-bound country Iran has devised methods to transport its crude oil undetected, leaving many cargo tracking firms unable to come up with concrete data and leaves the media too quick to report numbers that become inconclusive by the time the story is released.
Saudi Arabia, the world’s top crude oil exporter, has devised new plans to increase its oil prices through the cutting of its production and shipments.
Israel Energy Minister, Yuval Steinitz, has revealed that Israel will begin natural gas exports to Egypt within four months. In an interview, Steinitz said the deal to buy stakes in the EMG pipeline between Ashkelon in Israel and El-Arish in Egypt was almost closed and would be completed in “the next few weeks”. According to Reuters, the flow…
The government of Benin Republic has granted the China National Oil & Gas Exploration & Development Company (CNODC) approval to proceed with the portion of the Niger-Benin Pipeline proposed to evacuate crude exports from Niger’s Agadem basin to Port Seme on the Atlantic coast. The approval was made by the Council of Ministers and his…
French-based company, Total, the Republic of Benin and its national power utility, Societe Beninoise d’Energie Electrique, (SBEE) have signed a gas supply agreement as well as an agreement to develop a floating LNG import terminal in the country.
The Managing Director of Tema Oil Refinery (TOR), Isaac Osei has advised the Ghanaian government to cede part of the Tema Oil Refinery to private investors in order to foster its revamp and improve the company’s operations.
The International Maritime Organization’s (IMO) new emission standards to will take effect from January 1, 2020. The new emissions standards are designed to significantly curb pollution produced by the world’s ships. United Nations’s (UN) push for cleaner energy has moved the IMO to ban shipping vessels using fuel with a sulfur content higher than…