Aramco to Supply Agreed Grades, Volumes of Crude Oil to Reliance
Saudi Aramco will provide India’s Reliance Industries with agreed volumes and grades of crude oil in October 2019.
crude oil | Egypt Oil & Gas - Part 7
SOMO Sells November Light Crude at Higher Premium
SOMO sold the 2 million barrels at a premium of a little more than $1 per barrel to its official selling price (OSP).
APC Reviews Achievements with El Molla for FY 2018/19
Alexandria Petroleum Company (APC) raised the refining of crude oil 10% more in fiscal year FY 2018/19 than the previous year, reaching 4,8 million tons. This increase contributed to saving oil products valued at ...
ASORC and El Molla to Review Production Rates
Assiut Oil Refining Company (ASORC) has reviewed its achievements during the fiscal year (FY) 2018/19, which include meeting around 60-65% needs of Upper Egypt provinces in relation to oil products, a press releas ...
GUPCO’s Crude Oil Production Reaches 61,700 b/d
The Gulf of Suez Petroleum Company’s (GUPCO) average production level from its Ras Shouqair crude oil field has reached around 61.7 thousand barrels per day (b/d) in fiscal year (FY) 2018/19.
Egypt’s Crude Oil Production to Reach 690,000 b/d
Tarek El Mola, the Minister of Petroleum announced that average crude oil production reached 630,000 barrels per day (b/d) and that the petroleum sector aims to reach 690,000 b/d by the end of this fiscal year (FY ...
Egypt, Kuwait Negotiate to Increase Crude Oil Imports
Egypt is negotiating a contract renewal with Kuwait to import its crude oil to Egypt with double the quantity and adjustments to the merit rating scale.
Ministry of Petroleum to Establish $8.031 B Refining Projects
The Ministry of Petroleum is currently implementing $8.031 billion worth of projects in the refineries across Egypt to increase its refining capacity and to achieve the best efficiency in the petroleum products pr ...
Oil Production to Reach 720,000 b/d by 2020
The Petroleum sector seeks to raise its daily crude oil production to reach 720,000 barrels per day (b/d) by the end of fiscal year (FY) 2019/2020.
Iraq, China’s CPECC Ink $1.07 B Deal for Halfaya Oilfield
Iraq and China Petroleum Engineering & Construction Corporation (CPECC) inked a deal to build and operate facilities to process Iraqi Halfaya oilfield’s extracted natural gas and crude oil.
