EDC’s Onshore Market share Increases 80% in 2020

• Tuesday, 6th April 2021
• by Fatma Ahmed

The Egyptian Drilling Company (EDC) has announced that it managed to increase it market share within the onshore drilling market by 80% during 2020 despite the challenges of the pandemic compared to 60% in 2019.

Gastec Owns 52% Market Share in Vehicles’ Natural Gas Sales

• Monday, 26th March 2018
• by Sarah Samir

The Egyptian International Gas Technology (Gastec) owns 52% of the market share of the total natural gas sales for cars.

Saudi Arabia to Reduce Oil Volumes to Asia in July

• Tuesday, 13th June 2017
• by Mahinaz El-Baz

Saudi Arabia, the world's top oil exporter, will limit volumes of crude oil to some Asian buyers in July.

Saudia Arabia Lost South Korea’s Market Share to Iran

• Thursday, 16th February 2017
• by Mariana Somensi

Figures show that Saudi Arabia has lost a significant share of South Korea’s oil market to Iran, as South Korea doubled its imports of Iranian crude in January.

Puma Energy to Expand in South Africa’s Fuel Market

• Thursday, 2nd February 2017
• by Mahinaz El-Baz

Puma Energy plans to increase its market share in the South African fuel sector from the current 3 % to 8 % by 2021.

Aramco to Increase Oil Supply to Asia

• Sunday, 27th November 2016
• by Egypt Oil & Gas

State oil giant Saudi Aramco has agreed to supply some customers in Asia with incremental crude that will load in January.

Iraq in $30 a Barrel Price War as Investments Stagnate

• Sunday, 22nd November 2015
• by Egypt Oil & Gas

Iraq may increase oil output further in 2016 as the country prepares to sell some crude grades for as little as $30 a barrel.

IEA says Saudi Arabia, Russia Losing Out to Iraq and Iran

• Sunday, 15th November 2015
• by Egypt Oil & Gas

The International Energy Agency cited market sources on Friday as saying Tehran would be able to sell at least an extra 400,000 b/d to buyers in Asia and Europe when the sanctions are lifted.

Aramco Holding Market Share by Decreasing Prices

• Tuesday, 6th October 2015
• by Egypt Oil & Gas

Saudi Arabia has reduced its official selling price for Medium grade crude to Asia for November to a discount of $3.20 a barrel

Austria’s OMV Bringing IOR/EOR Technology to Iran

• Wednesday, 9th September 2015
• by Egypt Oil & Gas

Austrian President Heinz Fischer arrived in Tehran on Monday at the head of leading business delegates to review potential trade relations with the Islamic republic