crude oil | Egypt Oil & Gas - Part 4
Iraq Approves $4.6B Basrah-Haditha Oil Pipeline Project
The Iraqi cabinet has approved a 44.56 billion Basrah-Haditha oil pipeline. The 685 km pipeline will have a capacity of 2.25 million barrels per day (bbl/d). In August, the oil ministry proposed a pipeline to transpor...
Russia, Pakistan to Cooperate in Oil, Gas Exploration
Russia and Pakistan have discussed cooperation in offshore oil and gas exploration and refining during intergovernmental meetings in Moscow, according to Reuters. “Yesterday we received a rather interesting prop...
Hurricane Rafael Shuts 28% of US Gulf Crude Oil Production, 17% of Natural Gas
The US Gulf of Mexico has experienced losses of 490,241 barrel of oil per day and 313 million cubic feet of gas per day of natural gas caused by the Rafeal Hurricane, the US Bureau of Safety and Environmental Enforcem...
Oil Prices Rise After US Election, Raising Concerns on Oil Supply
Oil prices have risen slightly following the US presidential election, as investors weigh the potential impact of a Trump presidency on oil supply and the effects of an approaching hurricane in the Gulf Coast. Accordi...
Iran Loads Over 46 Million Tons of Crude, Petroleum Products in 7 Months
Iran’s Ports and Maritime Organization (PMO) has reported more than 46.075 million metric tons (mt) loadings of crude oil and petroleum products at Iranian ports in the seven months ending October 21. PMO figure...
Iraq to Resume Crude Oil Imports to Jordan
Jordan announced that its Iraqi crude oil imports have resumed with 80,000 barrels being transported so far, Reuters reported. Jordan had renewed an agreement with Iraq for another year to resume crude oil at a discou...
GANOPE Pushes to Boost Crude Oil Output to 40,000 bbl/d
Minister of Petroleum and Mineral Resources Tarek El Molla reviewed the efforts of the South Valley Egyptian Petroleum Holding Company (GANOPE) to bring the total crude oil production of GANOPE and its subsidiaries to...
Iran Announces It is Capable of Ramping Up Oil Production to 7.4 mmbbl/d
Iran has the capacity to produce 7.4 million barrels of crude oil per day, according to the head of the office of the Supreme Leader’s economic division. Adding: “We are an oil country, we cannot lag behind the ...
