Tag Archives: Africa

Gas production in Egypt went into steep decline several years ago due to price controls and lower investment from international companies.

ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.

IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.

Energy Secretary Alfonso Cusi said the Alegria field had the potential to support a 60-MW power plant.

Not all gas producers but only net exporters of natural gas had the right to become members of the organization.

Libya was initially exempt from the OPEC production cuts together with Nigeria because of the violence in the two countries.

The fall in oil prices had an immediate and dramatic impact on drilling activity.

Algeria remains dependent on oil and gas earnings. which provide 60 percent of the state budget.

Oil prices are responding to the tightening of supply due to the Libyan production halt.

Boosting capacity at the field requires much-needed investment that NOC has been struggling to secure.