Russia is planning to increase its involvement in developing energy projects in Africa. during the tenth BRICS Summit in Johannesburg.
Read More »Zohr Gas Field Capacity to Reach 2 bcfd by September
In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.
Read More »Algeria in Talks with Oil Majors to Start Trading Venture
One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.
Read More »Egypt Rise Natural Gas Prices in IMF-Backed Austerity Plan
In recent months. Egypt introduced its latest wave of price hikes for fuel. drinking water and electricity.
Read More »Eni. Sonatrach Sign Agreement to Strengthen Gas Sector in Algeria
Eni has had a presence in Algeria since 1981 and currently operates 32 mining permits in the country.
Read More »NOC Declares Force Majeure on Oil Exports at Al-Zawiya Oil Port
The NOC shut the oilfield in the aftermath of the incident and 160.000 bpd are lost from the Total output of Libya'.s crude.
Read More »Egypt Adds 15th Developmental Well to Noroos Gas Field
The Nile Delta has been producing gas for five decades.
Read More »Workers Strike in Norway Leads to Oil Climb
The threat of further supply disruptions hasn'.t totally evaporated.
Read More »CNOOC to Invest $3bn in Nigeria
Nigeria remained the largest investment destination for CNOOC.
Read More »Next OPEC Meeting Set for Late Sept in Algiers
The meeting will allow OPEC members to discuss ways to maintain oil market stability.
Read More »