January 20, 2024 - Algeria established its own oil company Société Nationale du Transport et de Commercialisation des Hydrocarbures (SONATRACH) whose first task was to build the third crude oil pipeline which was originally keeping Algeria from expanding Saharan production and commercialization.

July 17, 2023 - Prices of Algerian oil “Saharan Blend” climbed again above the level of $80 a barrel, a week after the tripartite Russian-Saudi-Algerian initiative to cut production to preserve the stability and balance of the international oil market. The Oilprice.com data, which specializes in the prices of various types of crude ...

July 28, 2023 - Africa faces both significant challenges and immense opportunities in the global clean energy transition, aiming to leapfrog fossil fuels directly to renewable energy solutions.

African geopolitical news and analysis, that covers energy development, conflicts, health and domestic politics.

June 1, 2013 - Request PDF | How crude oil consumption impacts on economic growth of Sub-Saharan Africa? | This study investigates the causality relationship between crude oil consumption and economic growth in twenty three Sub-Saharan African... | Find, read and cite all the research you need on ResearchGate

U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. of Energy)

October 13, 2024 - They added infrastructure, including ... first oil tanker, the Zoroaster. In 1881, they introduced continuous multi-still distillation, and hired Hjalmar Sjögren as the company geologist in 1885. The Nobels built Villa Petrolea as a company town that included apartments, houses, schools, and libraries, while employees were given profit-sharing and free education. The Baku Petroleum Association was formed in 1884, to prevent the exportation of crude ...

July 21, 2024 - A vast new oil refinery in Nigeria is aiming to reduce the price of petrol in the country.

In this paper, we examine the role of crude oil production and domestic oil consumption on the environmental quality in Africa. To achieve this object…

May 28, 2022 - In the hope of making up in quantity what they were losing in price, the companies tended to produce more crude. Moreover, majors and independents alike took part in the new scramble for Africa. Saharan oil, already reaching French and Franco-African outlets by 1960, poured more surplus into ...

SaharaReporters.com is an outstanding, groundbreaking news website that encourages citizen journalists to report ongoing corruption and government malfeasance in Africa. Using photos, text, and video dynamically, the site informs and prompts concerned African citizens and activists globally ...

April 3, 2019 - It was a state secret and the source of a kingdom’s riches. It was so important that U.S. military planners once debated how to seize it by force. For oil traders, it was a source of endless speculation.

I hear on my daily stock report of "sweet" "sour" and WTI light sweet. I also hear crude described based on it's origins. Like Saharan Blend (Algeria) Alaskan Sweet, Illinois Sweet. There are also five types of crude oil are produced from Saudi oil fields. So instead of just going by API...

On March 3, 1938, an American-owned oil well in Dammam, Saudi Arabia, drilled into what would soon be identified as the largest source of petroleum in the world.

Section: Oilpatch Sahara · September 12, 2024 · No comments · London listed Energean Oil &Gas, which pulled out of Egypt and other countries to concentrate, in part, on Morocco, has derailed badly in its first operation in the Northwest African kingdom

December 18, 2023 - Production stagnant due to underinvestment, oil theft Cheap Russian crude, tax issue fuel marketing challenge 2024 priorities: theft reduction, approvals, investment Sub Saharan Africa's biggest oil p

Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government

December 10, 2024 - Rising crude and oil product inventories raised bearish pressure on oil prices on Tuesday afternoon

April 16, 2024 - One of the wells had not caught fire but was erupting crude. Living up to his larger than life reputation mirrored by John Wayne in the film Hellfighters Adair approached the well and closed the undamaged master valve saying (reputedly) "one down four to go". On return to the main camp he informed BP that he could cap the wells unaided and dispatched Boots & Coots back to Houston. He extinguished the fires in 3 weeks. Initial production from the main Sarir oil ...

This is a best prospect industry sector for this country. Includes a market overview and trade data.