Four Libyan oil export ports that were closed last week because of bad weather have reopened.
Read More »Libya Halts Oil Export due to Bad Weather
Oil production had declined by 150 thousand barrels per day.
Read More »Libya`s Oil Exports to China more than Double in 2018
Libya’s oil exports to China in 2017 totaled $1.7 billion.
Read More »Sonatrach Suspends Oil Operations in Libya
Sonatrach has transported its equipment on the Libyan territory to Algeria through the crossing border of Ghadames.
Read More »Shell Discovers over 1trn Cubic Feet of Gas in Eastern Nigeria
The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate. in shallow and deep reservoirs.
Read More »U.S. Oil Firms Interested in Offshore Projects
Egypt has signed a deal with Cyprus for the construction of a pipeline that will channel gas from the island’s Aphrodite field to facilities in Egypt.
Read More »Libyan Oil Output could have Stabilizing Effect on Markets
Libya has northern Africa'.s largest proven reserves of oil - at 48 billion barrels.
Read More »US Sanctions S. African over N. Korea Ties
The sanction freezes any property or interests of the designated individual within the US or in possession of US citizens.
Read More »Egypt Tends to Become Major Energy Exporter
Egypt is investing in a processing plant on the Red Sea that could produce some four million tonnes of petro-products a year.
Read More »Libya Sees Exemption from Future OPEC Cuts
OPEC and its allies are considering cutting oil output in 2019 as the group is increasingly concerned about the potential for oversupply.
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