Increase | Egypt Oil & Gas

Egypt Aims to Raise Earnings from Natural Gas Exports to $1B Monthly

Minister of Finance Mohamed Maait announced that Egypt aims to increase its earnings from natural gas exports to $1 billion during the upcoming period noting that currently it gets about $500 million monthly from ...

Iraq Shows Support for OPEC’s Decision to Increase Oil Production

The Iraqi Ministry of Oil confirmed it commitment to the decision of the Organization of the Petroleum Exporting Countries (OPEC) as well as its allies to increase oil production.

Iran Targets Increase in Crude Exports to 1.4 mmbl/d

Iranian Oil Minister Javad Owji said that his country will attempt to ramp up oil and condensates exports to 1.4 million barrels per day (mmbl/d) to cope with the annual budget.

Aramco Achieves Net Income Worth $110B in 2021

Saudi Arabia's Aramco announced that it has achieved a jump in its net profits which more than doubled year-on-year (YoY) by 124% to $110 billion in 2021 compared to $49 billion in 2020.

Libya’s NOC Meets with TotalEnergies, ConocoPhillips on Increasing Oil Production

The Chairman of Libya’s National Oil Corporation (NOC) Mustafa Sanalla, has held discussions on how to ramp up the production rates of Waha Oil Company with TotalEnergies CEO Patrick Pouyanné and ConocoPhillips CE ...

Production at Iran’s Refineries Climbs by 6%

The director of coordination and supervision of operations of the National Iranian Oil Refining and Distribution Company (NIORDC), Saeed Madah Moravej, announced that Iran’s refineries production increases by 6%.

Oman’s Natural Gas Production Increases by 11.7% in September

The Omani total production of natural gas in addition to the imports has increased by 11.77% percent reaching 37.95 billion cubic feet (bcf) at the end of September compared to 33.97 bcf during the same period las ...

Experts Predict Increase in Egyptian LNG Exports in October

Egyptian liquefied natural gas (LNG) exports are projected to increase in October compared to the previous months.

US Shale Oil Production Expected to Record 8.1 M (b/d), Highest Since May 2020

US shale oil production is projected to reach 8.1 million barrels per day (b/d) in September 2021, recording the highest production levels since May 2020.

Iraq Plans to Raise Oil Production to 8 mmbbl/d by 2027

Iraqi Oil Minister Ihsan Abdul-Jabbar declared that his country plans to raise its oil production to 8 million barrels per day (mmbbl/d) by the end of 2027.

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