oil production | Egypt Oil & Gas - Part 9

Iran’s NISOC to Boost its Oil Production

The National Iranian South Oil Company (NISOC) annonuced that it targets boosting its oil production in a plan that it described  as the most targeted plan of production enhancement over the past 20 years, according t...

Canada’s Suncor Targets Emissions Reduction by One-third

Suncor plans to cut its emissions by one-third while boosting its oil production to a new level, according to Reuters. The company’s executives declared the goal to cut annual emissions by 10 million tons (mt), ...

Dana Gas Increases Production by 2% YoY

Dana Gas’s total production has averaged around 64,900 barrels of oil equivalent per day (bbloe/d) indicating a 2% increase compared to 63,650 bbloe/d in Q1 2020, according to a press release. The company’s production...

TransGlobe Production Amounts to 11,009 bbl/d in April

TransGlobe Egypt has  announced that its production averaged around 11,009 barrels of oil per day (bbl/d) in April and recorded 10,238 bbl/d throughout Q1 2021, according to a statement. The company began production f...

Naftogaz Ramps up Oil Production by 20% in Egypt’s Western Desert

Naftogaz Group ramped up oil production from its assets in the Western Desert of Egypt by more than 20% or 600 barrels per day (bbl/d), a press release reported. Accordingly, Naftogaz Group is expected to earn additio...

Aramco’s Production Averages at 12.4 mmbbloe/d in 2020

Saudi Aramco achieved an average production of hydrocarbon of 12.4 million barrels per day of oil equivalent (mmbbloe/d) in 2020, of which 9.2 million barrels per day (mmbbl/d) were of crude oil. The company reached a...

Libya’s NOC Achieves Revenues Worth $1.2 B in February

The Libyan Oil Corporation (NOC) announced that it has achieved revenues estimated at $1.2 billion from the sale of oil and its derivatives during February, which were deposited into the account of the National Oil Co...

Oman’s Condensate Production Increases by 45.2% in December

The National Center for Statistics and Information (NCSI) announced that Oman’s condensates production increased by 45.2% reaching 69.10 million barrels (mmbbl) by the end of December 2020, according to Oman News Agen...

Indian Oil Imports Record Highest Level in Three years

The Indian oil imports recorded the highest level in nearly three years, reaching more than 5 million barrels per day (mmbbl/d), as its refiners raised the production following the increase in demand, Reuters reported...

Russia Increases Oil Production to 10.19 mmbbl/d in January

Russia has increased its oil production by 150,000 barrels per day (bbl/d) to reach 10.19 million barrels per day (mmbl/d) during the fist half of January after easing the output curbs by the global producers, sources...

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