Niger signs $1.9bn agreement for Dosso oil refinery
Niger has signed a $1.9 billion agreement with the Zimar Group and High Tech consortium to develop a 100,000-barrel-per-day oil...
Oil
Libya: Oil attack puts energy security under scrutiny
A drone attack on Libya’s Zawiya oil complex has exposed the vulnerability of infrastructure at the centre of the country’s...
Oil prices fall as Iran-US tensions ease
Oil prices fell sharply on July 27th after the United States paused military operations against Iran, easing concerns over a...
Morocco says it has sufficient fuel for weeks amid crisis
Morocco has diesel stocks covering 51 days and petrol stocks for 55 days, according to the country’s energy ministry, Reuters...
Niger rejects lease on mining companies and a British oil firm
Niger revoked grants on three gold mining companies and discontinued the contract of a UK oil firm, as reported by...
Iran promises to continue war and blockade of oil from the Gulf
On the 10th of March, Iran vowed that no oil would be exported from the Gulf whilst the war continues,...
BP reopens office in Libya’s capital
BP has taken a significant step to deepen its footprint in Libya’s energy industry with the reopening of its Tripoli...
Saudi Arabia, Iraq, Kuwait to raise oil supplies to India
Saudi Arabia, Iraq and Kuwait will increase crude oil supplies to India in December as Indian refiners are looking for...
Abu Dhabi drilling company expands further into Oman and Kuwait
Abu Dhabi-based ADNOC Drilling announced plans to buy an 80 per cent stake in regional drilling and oilfield services provider...
Saudi Aramco completes $11 billion gas processing deal
Saudi Aramco has announced the completion of an $11 billion (£8 billion) investment agreement with a consortium of investors for...
Algeria’s oil giant Sonatrach replaces CEO
The CEO of Sonatrach, Algeria’s state-owned oil giant, has been dismissed by President Tebboune after 2 years in position, reported...
Egypt to drill 480 oil wells in $5.7 billion plan
Egypt has announced plans to drill 480 exploratory oil wells over the next 5 years, based on investments worth $5.7...
Egypt increases domestic fuel prices
Egypt increased prices on various fuel products, the second increase this year, Reuters reported on October 17th citing Egypt's official...
Saudi Aramco acquires additional stake in Petro Rabigh
Saudi Aramco has completed the acquisition of a 22.5 per cent stake in its refining and petrochemicals joint venture Petro...
Saudi Aramco halts expansion plans for chemical projects
Saudi Aramco has halted expansion plans for three chemical projects due to weaker oil prices holding back local spending, according...
