oil production | Egypt Oil & Gas - Part 12
Oman’s Oil Production Falls 7.5% in August
The Sultanate of Oman’s oil production in August declined by 7.5% which roughly equates to 190.91 million barrels (mmbbl) of oil, according to the Times of Oman. According to statistics from the National Centre for St...
Saudi Oil Production Remains Steady in September
Saudi Arabia, the world’s largest oil producer, has reduced its crude oil production by only 14,000 barrels of oil per day (bbl/d) when compared with August’s figures, keeping output at a steady pace, according to Blo...
Norway Strikes Threaten to Curtail Norway’s Output by 8%
Norwegian oil workers are continuing to expand their strike up until this date, which could lead to the shutting of oil and gas production at six offshore fields, according to Reuters. This escalation could reduce Nor...
Libya’s Oil Output Rises to 295,000 bbl/d
Libya, Africa’s largest oil-producing nation, has ramped up oil production to 295,000 barrels of oil per day (bbl/d) following the lifting of the blockade, according to Bloomberg. The last week of September witnessed ...
Russia Oil, Gas Production Exceeds OPEC Pact
Russian oil and gas production has edged to 9.93 million barrels per day (mmbbl/d) in September, slightly exceeding its Organization of Petroleum Exporting Countries and its allies (OPEC+) quota, according to Reuters....
Cabinet Emphasizes Petroleum Sector Achievements
The Media Center of the Cabinet issued a report shedding light on the most important achievements that led to Egypt’s economic resilience during coronavirus, on top of which are several milestones of the petrole...
US Shale to Decline by 68,000 bbl/d in October
US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations, according to Reuters. The decline in output will take US production to...
Haftar Willing to Reopen Libyan Oil Ports
Eastern Libyan commander Khalifa Haftar is set to permit the country’s oil ports to reopen after an eight-month blockade, according to a US embassy statement. The statement said, “The Libyan National Army (LNA) convey...
