Return of Libyan oil to begin; tanker set to load from Marsa el-Hariga
The return of Libya’s oil to the market is partially underway as a tanker has reached the eastern port of Marsa el-Hariga to load 1 million barrels of oil from Continue Reading
Libya NOC to Reopen Third Oil Port
Libya’s state oil company reopened another port, the third to resume operation in less than a week, as a political truce takes hold. (Bloomberg) — Libya’s state oil company reopened Continue Reading
Africa Is The Undeniable Final Frontier For Oil
The pandemic has been devastating for the oil industry globally. Explorers suspended drilling, producers idled wells, Big Oil majors put up assets for sale. But the world continues to need Continue Reading
Why Russia Is Pushing Unneeded Nuclear Power Plants On Egypt
In recent years, Russia and China have been facing off to spread their nuclear power dominion to a new, huge, and vastly untapped market: Africa. The two nuclear power giants Continue Reading
Libya’s Oil Production Set To Rise To 260,000 Bpd Next Week
Libya’s National Oil Corporation (NOC) sees oil production rising to around 260,000 barrels per day (bpd) next week, up from some 100,000 bpd before the blockade of its oil ports Continue Reading
‘Important’ gas project to be revealed as six east Med states launch forum: Egyptian minister
An “important” regional natural gas project will be revealed soon, Egypt’s energy minister said Sept. 22, as six east Mediterranean states and the Palestinian National Authority launched a Cairo-based gas Continue Reading
Six Countries Form Mediterranean Gas Group
Greece, Italy, Egypt, Israel and two other countries will form a permanent organization to promote co-operation over natural gas in the Eastern Mediterranean. Turkey, which has raised tensions by exploring Continue Reading
Libya’s NOC expects oil output to rise to 260,000 b/d in week starting Sept. 27
Libya’s state-owned National Oil Corp. expects its production to rise to 260,000 b/d during the week starting Sept. 27 following the lifting of force majeure and the end of an Continue Reading
Nigeria – a New Refinery in the Horizon
Chineme Okafor , tracks the progress of work at Waltersmith’s first phase refinery project and reports that all things being equal Nigeria could get its first structured modular refinery in Continue Reading
Egypt boosts gas output by 12.4% to record level in fiscal 2019-20
Egypt boosted its gas production by 12.4% on the year to a record 7.2 billion scf/d in the fiscal year 2019-20 (July-June) and is undertaking new exploration activities, the CEO Continue Reading