crude oil | Egypt Oil & Gas - Part 19

Nigeria Lost 130,000b/d of Crude Output in August

Nigeria suffered the biggest decline among members of the Organization of Petroleum Exporting Countries (OPEC) with 1.468mb/d of crude oil in August.

Apache Uncovered 7 New Oil,Gas Discoveries in Egypt

Egypt's Khalda Petroleum Company (Apache) uncovered 7 new oil and gas discoveries in the country's Western Desert area during fiscal year 2015/2016, in addition to drilling 50 new wells and completing work on 191 wel ...

Amreya Petroleum Refined 3.9m Tons of Crude

Egypt's Amreya Petroleum Refining Co refined 3.9m tons of crude oil during fiscal year 2015/2016.

El Molla Urged Oil, Gas Firms to Boost Productivity

El Molla emphasized the importance of improving oil and gas companies in order to increase their productivity to cover local demand of petroleum derivatives specially butane, diesel and benzine.

Iran to Complete Oil Export Terminal by Year End

The National Iranian Oil Company expects to complete a pipeline and a terminal near Kharg Island by the end of 2016, in preparation to start exporting the new grade crude, known as West Kharoon.

Oman’s Crude Exports Grew by 6.2%

Oman’s crude oil exports grew by 6.2% during the first seven months of 2016. However, the average price of Omani crude fell by 39.9% in the overseas markets during the same period of time, resulting in a net revenue ...

Abu Petroleum Company Confirms Abu Qir 3 Area Reserves

North Abu Qir3 area's 500bcf gas reserves and 20mb oil reserves are expected to push Abu Qir Petroleum's gas production to reach 300mcf/d and oil production to 7000b/d of condensates and 270 tone of butane daily.

Petrobel’s Business Results for 2015/2016

Petrobel invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016, with $426m directed towards the development of wells, leading to a hike in reserves of around 5.8m barrels of crude ...

Kenya to Develop Pipeline for Lokichar Oil

Kenya’s Energy and Petroleum Minister, Charles Keter, stated that the government and its upstream partners, Tullow Oil, Africa Oil and Maersk Companies, have concluded a Joint Development Agreement (JDA) for the deve ...

India’s Oil Imports from Iran Grew 37%

India’s oil imports from Iran rose to its highest level in five years, amounting to 523,000 b/d in July, which is a 37% jump from June's volume, and more than double that of the same period in 2015.

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