Hurricane Rafael Shuts 28% of US Gulf Crude Oil Production, 17% of Natural Gas

• Sunday, 10th November 2024
• by Doaa Ashraf

The US Gulf of Mexico has experienced losses of 490,241 barrel of oil per day and 313 million cubic feet of gas per day of natural gas caused by the Rafeal Hurricane, the US Bureau of Safety and Environmental Enforcem...

Egypt Gas Seeks 8% Profit Growth in 2019

• Monday, 17th December 2018
• by Sarah Samir

Egypt Gas Company is seeking an 8% profit increase to EGP 26.57 million by the end of 2019, up from EGP 24.57 million currently, Amwal Al Ghad reported. The company hopes to boost its annual revenues to EGP 3.1 billio...

Maridive posts $22.8m in losses during first half of 2012

• Monday, 27th August 2012
• by Egypt Oil & Gas

Following a decrease in the volume of projects, contracts and occupancy rates, Maridive and Oil Services (MOIL) Egypt, faces a tough fiscal position. MOIL recently completed most of its contracts, including Aramco Sau...