Aramco to Pump Crude Oil into Egyptian Refineries

• Wednesday, 27th February 2019
• by Sarah Samir

Egypt has renewed the agreement with Saudi Aramco to provide the Egyptian refineries with crude oil for six months starting from January 2019, said Tarek El Molla, Minister of Petroleum, according to Reuters. The Saud...

Egypt Conducts Seismic Survey on Suez Gulf, Western Desert

• Thursday, 7th February 2019
• by Sarah Samir

The Egyptian Ministry of Petroleum is re-conducting seismic surveys on the Gulf of Suez, using modern global technologies to identify crude oil reserves, said Minister Tarek El Molla, according to Amwal Al Ghad. Meanw...

Egypt to Renew Importing Iraqi Crude Contract

• Wednesday, 6th February 2019
• by Sarah Samir

The Egyptian oil and gas sector plans to renew the Iraqi contract for another year for refining and importing crude oil, said Tarek El Molla, Minister of Petroleum, according to Amwal Al Ghad. Iraqi crude oil cargoes ...

Petroleum Production Covers 75% of the Market’s Demands

• Thursday, 31st January 2019
• by Sarah Samir

The Egyptian oil and gas sector managed to boost production rates during the second half of 2018 to reach 665,000 barrels per day (b/d) of crude oil and condensates, which covers around 75% of the local market’s...

Egypt Adds 240,000 b/d of Crude Oil in 2018

• Sunday, 6th January 2019
• by Sarah Samir

The Egyptian oil and gas sector added 240,000 barrels per day (b/d) of crude oil to production in 2018, a source at the Ministry of Petroleum told Amwal Al Ghad. Around 100,000 b/d of crude were added to production th...

Omani Oil Production Exceeded 30M Barrels in November 2018: Report

• Sunday, 16th December 2018
• by Editorial Team

Crude oil and condensates production in Oman exceeded more than 30 million barrels in November, with a daily average of more than 1 million barrels, Oman Daily reported. A report published by the Ministry of Oil and G...

Egyptian Natural Gas Output to Reach 8 bcf/d in 2021: Ministry Official

• Sunday, 9th December 2018
• by Sarah Samir

Egypt’s natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently, an official source at the Ministry of Petroleum told Al Borsa. The ministry is worki...

KNPC to Increase Refining Capacity to 2M b/d by 2035

• Monday, 26th November 2018
• by Editorial Team

The Kuwait National Petroleum Company (KNPC) plans to increase the country’s refining capacity to 2 million barrels per day (b/d) by 2035, state-owned KUNA news agency reported on November 25. The plan comes as ...

Egypt Targets Boosting Crude Oil Production by 10,000 b/d

• Sunday, 4th November 2018
• by Sarah Samir

The Egyptian Ministry of Petroleum and Mineral Resources is aiming to increase crude oil production by 10,000 barrels per day (b/d) by the beginning of 2019, Amwal Al Ghad reports. The country is working on boosting t...

Egypt’s Production of Crude Oil and Condensates Increases to 660,000 b/d

• Thursday, 1st November 2018
• by Sarah Samir

Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018, Abed Ezz El Regal, head of the Egyptian General Petroleum Corporation (EGPC), told Amwal Al Ghad. Production gre...