Energy Libya's oil production more than 400,000 bpd: NOC Official TRIPOLI: Libya's oil production is now at more than 400,000 barrels per day (bpd), an increase from recent levels wh Published 01 Mar, 2015 08:09pm
Energy Iraq predicts oil will rise to $64-65 per barrel BAGHDAD: Iraqi Oil Minister Adel Abdel Mahdi said Sunday he expects the price of crude oil, which dropped to a six-year Published 01 Mar, 2015 07:21pm
Energy Iraq oil exports rise to 2.597mn bpd in February BAGHDAD: Iraq's oil exports rose in February to an average 2.597 million barrels per day (bpd) from 2.535 million bp Published 01 Mar, 2015 01:27pm
Energy Nigeria LNG to finish maintenance on Train 3 in early March MILAN: Nigeria's Bonny Island liquefied natural gas (LNG) export plant will finish a month-long maintenance outage o Published 26 Feb, 2015 03:13pm
Energy Angola's Sonangol says oil output down 3pc in 2014, income tumbles LUANDA: Angola's oil output averaged 1.67 million barrels per day last year, down 2.6 percent on 2013, while gas out Published 26 Feb, 2015 11:30am
Energy Morocco starts negotiations for 7 bcm LNG import deal RABAT: Morocco has started negotiations to import up to 7 billion cubic meters of gas by 2021 as it aims to diversify en Published 25 Feb, 2015 04:15pm
Energy Libya's Sarir, Messla oilfields stop work after power cut BENGHAZI: The Sarir and Messla oilfields feeding Libya's port of Hariga have stopped working due to a power outage w Published 24 Feb, 2015 11:28am
Middle East Africa Energy Dubai refiner ENOC hires M&A team, close to $1.5bn loan DUBAI: Dubai's Emirates National Oil Company (ENOC) has hired a five-person team to work on mergers and acquisitions Published 22 Feb, 2015 01:51pm
Energy Tanker loads Libyan oil from Hariga storage, Sarir still disrupted BENGHAZI: A tanker has loaded 600,000 barrels of crude oil from storage at the Libyan port of Hariga, an oil official sa Published 18 Feb, 2015 10:11am
Energy Oil steadies around $61, Kuwait sees prices supported LONDON: Oil steadied around $61 a barrel on Monday, holding gains from last week, after Kuwait's oil minister said l Published 16 Feb, 2015 10:33am
Energy Iraq's oil exports drop to 2.535mn bpd in Jan: statement BAGHDAD: Iraq's oil exports dropped to 2.535 million barrels per day (bpd) in January from a high of 2.940 million b Published 12 Feb, 2015 11:50am
Energy Ethiopia cancels diesel import tender for March-August SINGAPORE: Ethiopia has cancelled an import tender for up to 120,000 tonnes of diesel fuel for delivery over March to Au Published 12 Feb, 2015 09:55am
Energy Kenya's state-run firm to raise $2bn to buy into oil blocks NAIROBI: Kenya's state-run National Oil Corporation will raise $2 billion to take stakes in oil blocks on behalf of Published 11 Feb, 2015 08:21pm
Energy Cameroon hikes 2015 debt issuance to $1.56bn amid fall in oil revenues DAKAR: Cameroon has hiked its debt issuance for 2015 to 900 billion CFA francs ($1.56 billion) from 320 billion initiall Published 09 Feb, 2015 10:13am
Middle East Africa Energy Kenya, Tanzania seek consultant for cross-border power lines NAIROBI: Kenya and Tanzania have invited bids for a consultant to oversee the construction of a high-voltage power line Published 09 Feb, 2015 06:03am
Energy West Africa Crude: Improving refining margins support market LONDON: West African crude differentials were steady on Friday, holding on to gains this week, supported by increased de Published 06 Feb, 2015 09:03pm
Energy Egypt's energy reforms spark rush of oil and gas deals Egypt's energy reforms spark rush of oil and gas dealsMILAN/CAIRO: Energy-hungry Egypt's willingness to push fue Published 06 Feb, 2015 07:15am
Energy Nigeria's oil company says cleared over missing $20bn ABUJA: Nigeria's state oil company said on Thursday that a forensic audit conducted by PriceWaterhouseCoopers has cl Published 05 Feb, 2015 09:22pm
Energy Petrochemical and metals company Industries Qatar net profit slips 4.2pc DUBAI: Petrochemicals and metals company Industries Qatar (IQ) posted a 4.2 percent decline in fourth-quarter net profit Published 05 Feb, 2015 08:25am
Energy West Africa Crude: Stable despite oversupply, reported attack LONDON: West African crude was little changed on Wednesday, but selling into Asia could become more difficult if expecte Published 04 Feb, 2015 08:54pm
Energy Tanzania buys over 250,000 tonnes oil products from Addax SINGAPORE: Tanzanian importers bought more than 250,000 tonnes of oil products for delivery in March from Addax Energy, Published 30 Jan, 2015 07:39am
Energy Iraq lowers oil price forecast in budget proposal to $55 a barrel BAGHDAD: Falling oil prices forced Iraq's cabinet on Tuesday to revise its draft 2105 budget, trimming its forecast Published 27 Jan, 2015 03:17pm
Middle East Africa Energy Oil price 'too low': Saudi Aramco chief RIYADH: World oil prices have fallen too far, the president of state-owned energy giant Saudi Aramco said Tuesday, stres Published 27 Jan, 2015 08:04am
Energy Oman's ORPIC began 29-day maintenance on Sohar refinery late-Sunday MUSCAT: Oman Oil Refineries and Petroleum Industries Co (ORPIC) began planned maintenance on its Sohar refinery late on Published 26 Jan, 2015 06:53am
Energy Niger oil refinery workers start 48-hour strike NIAMEY: Workers at Niger's only oil refinery declared a two-day strike on Thursday, effective immediately, over work Published 22 Jan, 2015 09:21pm
Energy Oil slump slashes Saudi Basic Industries Q4 profit 29pc DUBAI: Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, reported a 29 percent Published 18 Jan, 2015 01:15pm
Energy Oil price slump could cripple clean energy push: experts ABU DHABI: Falling oil prices could have a negative impact on global efforts to develop renewable energy sources, expert Published 17 Jan, 2015 01:28pm
Energy Yemen sets March Masila crude OSP at $0.02/bbl premium SINGAPORE: Yemen has set the official selling price of its Masila crude for loading in March at a premium of $0.02 a bar Published 16 Jan, 2015 06:10am
Energy Oil price fall unjustified but set to continue: Kuwait KUWAIT CITY: Kuwait said Tuesday that the sharp fall in world oil prices is unjustified but that the market may not impr Published 13 Jan, 2015 02:53pm
Middle East Africa Energy OPEC cannot protect oil price ABU DHABI: OPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates said on Tuesday, Published 13 Jan, 2015 07:42am