You Are Browsing ‘Oil’ Category

*One person dead 19 February 2017, Riyadh — State oil giant Saudi Aramco said on Saturday it had contained a “limited” oil leak from one of its pipelines near Abqaiq that had caused the death of a contractor and injured three other people, including an Aramco employee. Aramco gave no details...

*Iranian crude oil production. *Aims for 4.7 million b/d 19 February 2017, Dubai — Iran expects its oil production to reach 4 million barrels per...

*Iraqi Oil Minister, Jabar Ali al-Luaibi. REUTERS/Stringer. 19 February 2017, Baghdad — Iraq’s oil reserves have increased to 153 billion barrels,...

*Simbi Kesiye Wabote. Oscarline Onwuemenyi 19 February 2017, Sweetcrude, Abuja – The Executive Secretary of the Nigerian Content Development and...

*IMF survey of Chad’s oil revenue 18 February 2017 — Chad’s income from the upstream sector will continually erode in the post-2021 period...

*Morning shot of Nexen’s two shale gas rigs in the Horn River Basin at Dilly Creek. Nexen has a 100 percent interest in 85,000 acres in the northeastern...

*Integrated reservoir modelling. Kunle Kalejaye with Agency Report 17 February 2017, Sweetcrude, Lagos — ExxonMobil has achieved a major breakthrough...

*OPEC. 17 February 2017, Singapore — Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at...

*US shale production. 17 February 2017, New York — Demand for frac sand has surged in recent weeks as U.S. producers rush back to the oil patch,...

17 February 2017, Abuja – The group total loss of the Nigerian National Petroleum Corporation at the end of the 2016 financial year was N197.49bn. Latest...