Energy - Middle East & Africa

Nigeria inks major LNG expansion with oil majors

Nigeria inks major LNG expansion with oil majors

Train 7 will boost LNG output to 30 mln t/y Deal shows "renewed confidence" from investors - Kyari FID was delayed from Q4 20018 ABUJA/LAGOS:...

Billion-dollar LNG project in southern Mozambique expected in 2020

Billion-dollar LNG project in southern Mozambique expected in 2020

The project will see a floating storage and regasification unit moored in the harbour of Matola, a suburb of the capital Maputo.  "The availability...

Qatar LNG production to rise to 126mn T by 2027

Qatar LNG production to rise to 126mn T by 2027

Qatar is one of the most influential players in the LNG market due to its huge production. The estimated increase in Qatar's LNG production...

Saudi oil output seen at 9.86mn bpd in Oct, Nov

Saudi oil output seen at 9.86mn bpd in Oct, Nov

Saudi Arabia will reach 12 million bpd of oil production capacity. RIYADH: Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday that the country's...

Egypt lowers fuel prices after protests

Egypt lowers fuel prices after protests

Egypt lowered fuel prices on Friday, the oil ministry said. The move comes a week after rare protests broke out in Cairo and other...

Azerbaijan ships 164,900 T of oil via Russia in Sept

Azerbaijan ships 164,900 T of oil via Russia in Sept

Azerbaijan shipped 164,900 tonnes of oil via Russia in September, two months after it resumed shipments after a four month break due to pipeline...

Iraq oil exports fell to 3.576mn bpd in September

Iraq oil exports fell to 3.576mn bpd in September

Iraq's oil deliveries to Jordan by trucks were at 7,000 barrels per day. The average sale price in September was $59.149 per barrel. BAGHDAD: Iraqi...

Saudi Aramco plans to pay base dividend of $75 billion in 2020

Saudi Aramco plans to pay base dividend of $75 billion in 2020

Saudi Aramco plans to pay a base dividend of $75 billion in 2020, it said in a corporate overview posted to its website on...

Nigeria lost 22 million barrels of oil in six months: official

Nigeria lost 22 million barrels of oil in six months: official

Nigeria lost 22 million barrels of oil in six months, worth $1.35 billion. The alarming news was delivered by the National Economic Council during...

U.S. and Gulf allies discuss response to Saudi oil attack

U.S. and Gulf allies discuss response to Saudi oil attack

Gulf allies possible responses to an attack on Saudi oil facilities they blame on Iran and which U.S. Secretary of State Mike Pompeo described...

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