Saudi Arabia’s Oil Consumption Grows at Slow Pace

• Sunday, 7th August 2016
• by Egypt Oil & Gas

Oil consumption in Saudi Arabia, the world’s biggest crude exporter, is expanding at the slowest pace in at least six years as low energy prices hurt economic growth.

Eni Aims at Launching Gas Production at Egypt’s Zohr by End 2017

• Sunday, 17th April 2016
• by Egypt Oil & Gas

Italy's Eni is focused on starting production at its giant offshore Zohr gas field in Egypt by the end of 2017, the company's CEO, Claudio Descalzi, said at an International Energy Agency event in Paris.

IEA: Iran to Add 500,000b/d of Oil from Existing Fields in 2016

• Thursday, 31st March 2016
• by Egypt Oil & Gas

Iran is expected to add 500,000b/d of oil supply within a year from its existing oilfields, but developing new fields would take time, the Head of the International Energy Agency (IEA), Fatih Birol, said.