The energy watchdog revised down its outlook by 11 per cent as financing risks mount in the countries.
Read More »Libya’s Sharara Oil Field Closed Again. 230.000 Bpd Output Offline
At the beginning of last month. Sharara had resumed production following a two-week halt.
Read More »Libya Is Preparing to Ramp Up Oil Production
Libya and Nigeria have collectively added about 550.000 bpd since the original deal was agreed to last year.
Read More »Iran Calls On OPEC to Sway Libya. Nigeria to Join Cut
Iran was also treated preferentially in the original negotiations.
Read More »Algeria`s Sonatrach Chief Urges Oil Industry Reforms
Algeria expects its gas exports to reach 57 billion cubic metres (bcm) this year. up from 54 bcm in 2016.
Read More »Egypt to Reduce LNG Imports as Zohr Gas Field Nears Production
Liquified natural gas imports will be limited to 80 shipments worth $1.8 billion in 2017 18 in anticipation of Zhor'.s completion by late 2017.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
Read More »Russian Firm Seals Energy Exploration Deal to Drill South African Shelf
Under the terms of the agreement. the daily volume of extracted gas is set to reach four million cubic meters. The gas will then be delivered to a gas-to-liquid refinery at Mossel Bay.
Read More »OPEC Invites Libya. Nigeria to Committee Meeting Sep 22
Libyan output had also recovered to reach an average of 990.000 b d in July. its highest level in three years. up 180.000 b d in June. according to the latest S&.P Global Platts OPEC survey.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
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