Increase | Egypt Oil & Gas

Irans Oil Production Capacity Records Increase of 4% Since Two Years

The Iranian Minister of Oil, Javad Owji, stated that the country’s oil production capacity has increase by 40% since two years.

Oman’s Natural Gas Production Records Increase to More Than 26 bcm by End of June 2023

The total Oman local output of natural gas has reached 26.19 billion cubic meters (bcm) until the end of June 2023, increasing by 2.3% compared to the same period in 2022, which amounted to 25.60 bcm.

Iran’s Natural Gas Exports Rose to 18.9 bcm in 2022

According to data released by the Energy Institute (EI), Iran's natural gas exports has reached 18.9 billion cubic meters (bcm) in 2022, increasing by 9% compared to 17.3 bcm in 2021, IRNA reported.

ExxonMobil’s Corporate Plan to Potentially Double Earnings, Cash Flow, Increase Efforts in Lower-Emissions

ExxonMobil declared its next five-year corporate plan, with a significant increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. ...

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%.

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