Venezuela has awarded a license to British Petroleum (bp), UAE-based XRG, and Qatar-based UCC Holding to explore and develop the second phase of the Loran offshore natural gas field, as Caracas seeks to attract foreig...
Rashid Petroleum Company (Rashpetco) unveiled a five-year strategic plan (2025–2030), which encompasses Rashpetco and its subsidiaries: Burullus Gas Company and West Mina Gas Company. The plan aims to double its curre...
The government’s regular monthly payment of accumulated arrears for foreign partners would encourage them to return to produce at the previous high output levels, boosting Egypt’s natural gas supply by 202...
Shell announced approving the final investment decision on the Aphrodite gas project offshore Trinidad and Tobago, Reuters reported citing the company. The project is set to start production in 2027, with expected pea...
Oman reported a 308,422,100 barrels of oil exports by the end of December 2024, a slight drop from 310,331,200 barrels recorded in the same period last year, according to Oman news agency. The country reached total oi...
Minister of Petroleum and Mineral Resources Karim Badawi, accompanied by several petroleum leaders, has inspected the development operation for the West Delta fields in the Mediterranean, especially the offshore drill...
Wintershall Dea has announced that together with the partners that it achieved first natural gas production from its ED2-X well at East Damanhur block in the onshore Nile Delta. The company added that the well secures...
Data released by the National Centre for Statistics and Information (NCSI)showed that the total amount of exported oil recorded 178,956,300 barrels at the end of July 2023. It elaborated that the oil production reache...
The total Oman local output of natural gas has reached 26.19 billion cubic meters (bcm) until the end of June 2023, increasing by 2.3% compared to the same period in 2022, which amounted to 25.60 bcm, Times of Oman re...
TotalEnergies, along with its partner SOCAR, announced that they started production from the first phase of development of the Absheron gas and condensate field located in the Caspian Sea. According to the company’s s...