Latest News

  • Ethiopia
    Pipeline Ethiopia to Djibouti
    29 Mar 2015 - GCL-Poly Petroleum Investments will fund the pipeline that will transport gas from Calub and Hilala fields in the Ogaden Basin to Djibouti for a tot cost of more than $4B, of which $3B will be invested in the Djibouti section.
  • Israel
    Permit Ruth (Blocks A through F)
    29 Mar 2015 - The Ruth C licence is believed to hold about 3 Tcf of gas.
  • Libya
    Field Elephant (Al-Fiil) (Al-Feel) (El Feel) (Elefant) (El Fil)
    29 Mar 2015 - Production is approx 250'000 boed from the El Fil and Wafa fields.
  • Sierra Leone
    Permit SL-4A-10
    29 Mar 2015 - African Petroleum is currently finalising an independent review of the prospective resources in Sierra Leone that will be announced to the market in due course.
  • Iran
    *Country Info *Oil & Gas Strategy
    29 Mar 2015 - The latest customs data shows that the Chinese oil imports from Iran last month were 532'400 bpd, up 13.5% from Jan on a daily basis. Volumes are expected to jump in March to just over 650'000 bpd.
  • Ethiopia
    Field Hilala (Hilal)
    29 Mar 2015 - GCL-Poly Petroleum Investments is carrying out activities on the under-developed Calub & Hilala reserves. It plans to start producing and exporting the gas from these areas by 2017, according to the Prime Minister.
  • India
    Refinery Bina
    28 Mar 2015 - BPCL is shutting its refinery for about a month from 27 Mar 2015 for routine maintenance.
  • Norway
    Gas Plant Nyhamna
    27 Mar 2015 - Nyhamna will be ready to receive Aasta Hansteen gas in 2017