The Egyptian General Petroleum Corporation (EGPC) and Italian energy company Eni have signed an agreement worth at least $1 billion for oil exploration activities in the Gulf of Suez and the Nile Delta.
India's Reliance Industries Ltd stated seeks to get the first cargo of oil from its new Abu Dhabi-based trading unit in December.
Lukoil company announced a new discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico.
In a meeting with two delegations from the World Bank, Minister of Petroleum and Mineral Resources Tarek El Molla stated that the World Bank’s participation in the East Mediterranean Gas Forum (EMGF) as an observer is instrumental in pushing Egypt towards being a regional hub for energy.
Iraq has recorded oil exports reached 92.4 million barrels during September 2021 achieving revenues estimated at $6.71 billion.
LUKOIL company stated that its production from West Siberian fields has reached 2 billion tons of oil since the beginning of the commercial development.
China’s oil product exports have fallen 28% to 4.64 million tons (mmt) month on month (MoM) in July due to oil companies’ quotas shortage.
TransGlobe Energy company announced that it recorded average production of 10,727 barrels per day (bbl/d) during Q2 2021.
Libyan National Oil Corporation announced that it has achieved net revenues exceeds $2.13 billion in June.
Tethy company declared that it has produced oil from Block 3, 4 in Oman amounted to 346,890 barrels of oil corresponding to 11,190 barrels per day (b/d) of oil.
