US Gas Output and Demand Set for Record Highs in 2026–27
US natural gas production and domestic demand are expected to hit record levels in 2026 and 2027, while LNG exports are also forecast to rise, according to the EIA.
EIA | Egypt Oil & Gas
EIA: 600,000 bbl/d of Middle East Oil Output May Remain Offline Through 2027
The EIA expects around 600,000 b/d of Middle East oil production to remain shut in through the end of 2027, despite a gradual recovery in regional output and Hormuz flows from September.
The assessment come ...
Egypt Strengthens Energy Ties in London, Reinforces Hub Strategy
As part of efforts to enhance Egypt’s role as a regional energy hub, Minister of Petroleum and Mineral Resources, Karim Badawi, participated in the ‘Future of Energy Security Summit’ in London, where he was invite ...
OPEC Loses $76b for US Shale
OPEC lost $76b in 2016 due to low oil prices caused by rising US oil production. OPEC Revenues to Fall 15% in 2016
OPEC's 2016 oil export revenues will probably fall 15% to $341b, down for the third straight year and possibly the lowest in more than a decade.
US EIA Forecasts Gas Production Decline in 2016
The US Energy Information Administration (EIA) revealed its forecast for US domestic natural gas production in 2016, which is expected to mount to 79.69bcf/d, marking the sixth annual record high.
US Shale Oil Production Expected to Decline
U.S. shale oil production is expected to fall by above 600,000b/d in January as oil prices remain slashed to seven-year low, according to a U.S. government forecast.Page 1 of 1
