EIA | Egypt Oil & Gas
US Gas Output and Demand Set for Record Highs in 2026–27
US natural gas supply and demand are expected to reach record highs in 2026 and 2027, according to the US Energy Information Administration’s (EIA) Short-Term Energy Outlook. Dry natural gas production is projected to...
EIA: 600,000 bbl/d of Middle East Oil Output May Remain Offline Through 2027
Some oil producers in the Middle East may face difficulties restoring production to pre-conflict levels by the end of 2027, even if regional trade and shipping activity gradually return to normal early next year, acco...
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 invited by...
OPEC Loses $76b for US Shale
The Organization of the Petroleum Exporting Countries (OPEC) lost $76b in 2016 due to low oil prices caused by rising US oil production due to US fracking, according to a report published by the Energy Information Adm... OPEC Revenues to Fall 15% in 2016
OPEC’s 2016 oil export revenues will probably fall 15%, about $341b in 2016, compared to 2015 levels, based on projections of global oil prices and the group’s production levels, Reuters wrote. Oil revenue...
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, Reuters reported. Ac...
US Shale Oil Production Expected to Decline
U.S. shale oil production is expected to fall by above 600,000b/d in January 2016 as oil prices remain slashed to seven-year low, according to the US Energy Information Administration’s Drilling Productivity Rep...Page 1 of 1
