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Operations Resume At Iraqs Nassiriya Oil Field

2019-12-30 15:25:16| OGI

Operations resumed at Iraq's southern Nassiriya oil field on Dec. 30, the oil ministry said, but it will take up to two days for output to be fully restored, two oil sources said.

Tags: field operations oil resume

 

Egypt Awards Oil, Gas Exploration Concessions In Red Sea

2019-12-29 20:20:43| OGI

Egypt said on Dec. 29 that it awarded oil and gas exploration concessions in the Red Sea to Chevron, Royal Dutch Shell and Mubadala in an international tender.

Tags: red sea gas awards

 
 

Nigeria Inks Major LNG Expansion With Oil Majors

2019-12-27 14:09:19| OGI

Nigeria signed a major gas expansion deal on Dec. 27, a much-needed collaboration with oil majors that Nigeria LNG said would boost its liquefied natural gas (LNG) output by more than 30%.

Tags: major oil expansion nigeria

 

Oil Hits Three-Month Highs On Upbeat US, China Economic Data

2019-12-27 11:42:04| OGI

Oil prices rose on Friday, hitting three-month highs, as upbeat economic data from China and the United States indicated an end to the trade war between Washington and Beijing has restored confidence in the global growth.

Tags: data china hits economic

 

Oil Hits Highest Since September On Trade Hopes, OPEC Cuts

2019-12-26 14:20:39| OGI

Oil rose further above $67 a barrel to its highest in over three months on Dec. 26, buoyed by a report showing lower U.S. crude inventories, by hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply.

Tags: september trade highest hits

 

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