oil revenues | Egypt Oil & Gas
Oman’s Oil Revenues Jump 43%
Oman’s oil revenues for the first seven months of 2017 climbed to OMR 2.5647 billion ($6.6616 billion), a 43% year-on-year increase from the OMR 1.7941 billion ($4.6600 billion) during the same time period last year, ...
Iraq to Boost Production of Southern Oil Field
Iraq will increase its oil production from one of its oldest oil fields in the south by 20.000b/d. Deputy Petroleum Minister for Exploration and Production, Karim Hattab, said that production capacity from the Leheils...
Iran to Reach $50b in Oil Revenues in 2018
Iran’s oil exports have reached the pre-sanctions level and its oil revenues are accordingly expected to amount to $45-$50b in the next Iranian financial year until March 2018, if prices remain at $55 per barrel...
Iran Earned $41b in Oil Revenues
Iran’s Oil Minister, Bijan Zanganeh, said that the country’s oil and condensate revenues are expected to reach $41b in the country’s current fiscal year ending on 20 March 2017, Kallanish Energy reported. Zanganeh des...
Saudi Arabia to Boost Oil Revenues by 46%
Saudi Arabia expects oil revenue to jump by 46% next year after a deal between the kingdom and other producers to curb output drove up global prices, Bloomberg reported. The world’s top oil exporter expects to collect...
Kurdistan Oil Revenues Decline in July
Kurdistan’s oil revenue fell nearly 20% in July to less than $400m as export loadings slipped and oil traders slashed their monthly prepayments to the Kurdistan Regional Government (KRG), according to Iraq Oil Report....
OPEC Files $99.6b in First Collective Deficit since 1998
As a result to the oil-price slump that dropped government petroleum-export revenue to a 10-year low, OPEC members have registered their first collective budget deficit since 1998, The Wall Street Journal reported, ci...
Iraq Approved IMF Measures to Unlock Loans
Iraq has approved measures requested by the International Monetary Fund to unlock loans that should help the country overcome a cash crunch caused by declining oil revenue, Reuters reported. As the OPEC nation sought ...
