Rosneft to Supply Gas for Industrial Consumers in Egypt

Russia’s Rosneft signed a cooperation agreement with Fleet Energy and Fleetliner Energy for supplying gas to Egyptian industry, Egypt Oil & Gas reports. The deal was signed by Rosneft representative Didier Casimiro and President of Fleet Energy Group Essam Kafafi. The signing was attended by Rosneft CEO, Igor Sechin. This comes as the Egyptian cabinet had approved in

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NIGERIA: Firms partner to invest in compressed gas project

Powergas Nigeria, a domestic Compressed Natural Gas (CNG) Distribution Company and European Technologies for Africa (ETEFA)- an Austrian green technology company, are investing in the development of CNG as an alternate fuel for mass-transit and haulage sector in the country. To commence the pilot project of employing “One City Bus and One Truck” initiative, the

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NIGERIA: The Guardian to hold oil & gas award June 23

The Guardian has disclosed plans to organise an Oil & Gas Roundtable and Awards on June 23, 2018.The event would hold at the Eko Hotel & Suites, Victoria Island, Lagos from 5:00p.m. The theme of the roundtable is: “Driving Sustainable Gas to Power Initiatives in Nigeria: Challenges and Opportunities.” It would feature a keynote presentation and panel

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Nigeria still depends on IOCs to ascertain oil export – NNRC

The Federal Government still depends on International Oil Companies, IOCs, to know the exact volume of oil and gas exported to the global market. Chairman, Experts Advisory Panel, Nigeria Natural Resource Charter, NNRC, Mr. Odein Ajumogobia, who made this known at a workshop to consider outstanding remediation issues on Nigerian Extractive Industries Transparency Initiative, NEITI,

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Nigerian Oil Terminal Delays Add To Supply Concerns

Following disruptions of the oil flows on the pipeline feeding the Forcados terminal in Nigeria, the facility faces more than two weeks of delays of oil cargo loadings, and no official June or July loading schedules have been released yet, trading sources told Platts on Tuesday.  The flow of crude oil to the Forcados terminal is

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Egypt’s natural gas production increases by 20.5% YoY

Egypt’s production of natural gas increased by around 20.64% year-on-year (YoY), reaching 3.437 million tons in March 2018 compared to 2.849 million tons in March 2017, Egypt Oil & Gas reports. Statistics published by the Central Agency for Public Mobilization and Statistics (CAPMAS) reveal that consumption of natural gas in Egypt rose by around 9.3%

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Libyan protesters shut down Raguba oilfield

Libyan protesters shut down on Wednesday the eastern Raguba oilfield which had 5,000 barrels per day (bpd) of crude production feeding Brega port, said a spokesman for the owner, state-run Sirte Oil. The protesters had been threatening to shut down oilfields and pipelines passing through their remote home region of Marada unless authorities improve state

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