Egypt’s Petroleum Ministry expects the country’s natural gas production to drop by 3.6% to 4.85 bcf/d in FY 2017/18 from 5.03 bcf/day in FY2014/15, while demand is expected to rise by 24% from 5.98 bcf/d to 7.42 bcf/d...
Egyptian Natural Gas Holding Company’s (EGAS) dues from the Ministry of Electricity have significantly increased to amount to roughly EGP 53 billion in exchange for the gas that electricity generation stations obtain....
Iran exported over 9.575 million tons of gas condensates, worth $8.65b, in the nine months of the calendar year (started March 21, 2014), said an official. Talking to IRNA, Director General of Pars Energy Special Econ...
Saudi Arabian Oil Co. plans to start natural gas production at a field near Jordan next year as the world’s biggest crude exporter is “investing big in gas,” CEO Khalid Al-Falih said. “Results are extremely encouragin...
Several prominent figures from the oil and gas industry met last week once again for the Production Optimisation Convention steering committee, organised by Egypt Oil & Gas and is taking place in April. The steeri...
The bilateral trade value of Iran and Iraq has reached $12 billion, Head of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Eshaq said here on Sunday, according to semi-official Fars news agency. “An Iranian dele...
Tullow Oil says the deepwater Jubilee field offshore Ghana exceeded its production target last year, averaging 102,000 b/d of oil. This was achieved despite restrictions due to delays in the onshore gas processing pla...
Egypt is open to importing gas from Israel, its oil minister said in state-owned media on Wednesday, another sign that it may lean on its neighbour to help tackle its energy troubles. Egypt is going through its worst ...
Egypt and Russia’s Gazprom are to reach an agreement for the company to supply LNG shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters. In April, Egypt and Gazprom reached an initial ag...
Italy’s Eni has signed a new concession agreement to operate in the South-West Melehia block in the Western Desert of Egypt, as Cairo continues to look to international operators to boost its flagging production...