Increase | Egypt Oil & Gas - Part 4
US Shale Oil Production Expected to Record 8.1 M (b/d), Highest Since May 2020
US Energy Information Administration (EIA) has projected country’s shale oil production to reach 8.1 million barrels per day (b/d) in September 2021, recording the highest production levels since May 2020; Reuters rep...
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 end of 2027, Iraq News Agency (INA) reported. The ministry’s spokesman Asse...
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 mmboe/d,...
Indian Oil Imports Record Highest Level in Three years
The Indian oil imports recorded the highest level in nearly three years, reaching more than 5 million barrels per day (mmbbl/d), as its refiners raised the production following the increase in demand, Reuters reported...
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 is planning to issue bonds worth Rls. 20,000 billion to finance projects aimed at production enhancement and maintenance... Russia Increases Oil Production to 10.19 mmbbl/d in January
Russia has increased its oil production by 150,000 barrels per day (bbl/d) to reach 10.19 million barrels per day (mmbl/d) during the fist half of January after easing the output curbs by the global producers, sources...
Oman Oil Production Picks Up by O.23% in December
Oman’s average daily production of oil has increased by 0.23% during December 2020, recording 722,443 barrels per day (bbl/d) compared to the previous month, Times of Oman reported quoting the monthly report of the Mi...
Egypt to Boost Gas Output to 7.95 bcf/d in FY 2019/20
The Egyptian Ministry of Petroleum and Mineral Resources aims to increase Egypt’s natural gas output to 7.95 billion cubic feet per day (bcf/d) in fiscal year (FY) 2019/20, instead of the currently planned 7.5 b...
