Growth | Egypt Oil & Gas

Centamin Announces Second Year of Reserve Growth at Sukari

Centamin has announced the second year of reserve growth at Sukari, driven by a 33% increase in underground reserves.

OPEC Sticks to Its Strong Oil Demand Growth Forecasts for 2022, 2023

OPEC maintained its predictions for strong growth in global oil demand in 2022 and 2023, citing indications that major economies were performing better than anticipated despite challenges including rising inflatio ...

Bahrain to Import LNG To Meet High Demand 

Bahrain disclosed that it seeks to import at least five or six cargoes of liquefied natural gas (LNG) in 2025 toml meet the rising demand of energy with the start of the summer.

NISOC Production Grows by 600,000 bbl/d During Raisi Administration 

The CEO of the National Iranian South Oil Company (NISOC) announced that its fields' production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration.

EMC Business Grows By 118% in 2021

Egypt Maintenance Company (EMC) announced that it has achieved a high growth in its business  worth EGP 14. 4 billion during 2021 increasing by 118% from the previous year.

Egypt’s Petrochemicals Revenues Grow by 50% in FY 2020/21

Fitch Solutions announced that Egypt's petrochemical production has reached 3.34 million tons during the fiscal year (FY) 2020/21, achieving 50% growth in its revenues on an annual basis.

Iran’s Petrochemical Production Grows by 8% in Six Months

The production control manager of the Iranian National Petrochemical Company (NPC), Seyed Jalal Mirhashemi, announced that Iran has achieved growth in its petrochemical production reached 8% year on year (YoY) dur ...

ADNOC Distribution Records Net Profit of AED 631 million in Q1

ADNOC Distribution company announced that it has achieved net profit worth AED 631 million during Q1 of 2021 including Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of AED 740 million.

ADNOC Distribution Achieves 2020 Growth Strategy

ADNOC Distribution announced that it managed to achieve its growth strategy during 2020 by increasing its services station network and modernizing its ADNOC Oasis convenience stores.

China’s Oil Throughput Decreases to 14.9 mmbl/d in December

Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, ju ...

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