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.
Increase | Egypt Oil & Gas - Part 3
Wintershall Dea Produces 659 mmboe/d in Q1 2021
Wintershall Dea announced that it has recorded production of 659 million barrel of oil equivalent per day (mmboe/d) during the Q1 of 2021, which will allow the achievement of the full year guidance of 620-640 mmbo ...
Indian Oil Imports Record Highest Level in Three years
The Indian oil imports has recorded the highest level in nearly three years, reaching more than 5 million barrels per day (b/d), as its refiners raised the production following the increase of the demand.
Iran’s NIOC to Issue Bonds Worth Rls 20,000 B to Finance Oil Projects
Masoud Karbasian, the CEO of the National Iranian Oil Company (NIOC) announced that the company said NIOC was planning to issue bonds worth IRR 20,000 billion to finance projects aimed at production enhancement an ...
Russia Increases Oil Production to 10.19 mmbbl/d in January
Russia has increase its oil production by 150,000 barrels per day (b/d) to reach 10.19 million barrels per day (mmbl/d) during the period January 1st – 14th after easing the output curbs by the global producers.
Oman Oil Production Picks Up by O.23% in December
The Oman’s average daily production of oil has increased 0.23% during December 2020, recording 722,443 barrels per day (b/d) compared to the previous month.
Egypt to Boost Gas Output to 7.95 bcf/d in FY 2019/20
The increase is directly linked to the boost in production from the second phase of North Alexandria project and from Zohr field.
EETC to Increase Cost Sharing Value by 25% for Benban Projects
The main reason behind this upsurge is the infrastructure prices increase and the construction of a central station and weight control room.
Consumption of Petroleum Products to Rise by 10.24%
Domestic consumption of petroleum products is expected to rise by 10.24% in fiscal year (FY) 2018/19 to reach 35.5 million tons.
OPEC Oil Output Hikes in January
The Organization of the Petroleum Exporting Countries (OPEC)'s oil production increased in January 2018, following an eight-month low, due to higher output from Saudi Arabia and Nigeria.
