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.
Increase | Egypt Oil & Gas - Part 3
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.
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 ...
