Oil | Egypt Oil & Gas - Part 10

Iran Achieves Self-Sufficiency in Pipeline Construction

The CEO of the National Iranian Oil Engineering and Construction Company, Saeed Sattary Naeini, announced that Iran has achieved self-sufficiency in construction and implementation of the oil and petroleum product ...

Egypt to Boost Oil, Gas Cooperation with Jordan

The Minister of Mineral Resources, Tarek El Molla, held a bilateral meeting with Hala Zawati, Minister of Energy and Mineral Resources in Jordan to discuss ways to boost oil and gas field during the coming period. ...

SOCAR Ships 90,000 Tons of Oil to Belarus

The Deputy Head of Azerbaijan’s State Oil Company SOCAR, Ibrahim Ahmadov, said that the company has shipped a batch of 90,000 tons of Azerbaijani oil to Belarus in February.

El Molla Discusses Cooperation Projects with BP

The Minister of Petroleum and Mineral Resources, Tarek El Molla, received a delegation from BP British Company to discuss the cooperation projects between petroleum sector and Bp in Egypt and to review the develop ...

Indian Oil Imports Record Highest Level in Three years

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

Iran’s NIOC to Issue Bonds Worth Rls 20,000 B to Finance Oil Projects

Masoud Karbasian, the CEO of the National Iranian Oil Company (NIOC) announced that the company said NIOC was planning to issue bonds worth IRR 20,000 billion to finance projects aimed at production enhancement an ...

China Oil Imports Records 542.39 MMT in 2020

According to data issued by the General Administration of Customs, the total China’s oil imports during 2020 reached 542.39 million tons

Jordan Discusses Renewing Oil Import MoU with Iraq

The Jordanian Ministry of Energy and Mineral Resources stated that it is going into discussions with the Iraqi authorities about renewing the Memorandum of Standing (MoU) signed between Jordan and Iraq to supply o ...

Iran’s Parliament Cuts Oil Exports Target to 1.5 mmbl/d

The Iran's parliament reduced the government’s oil export target to 1.5 million barrels per day (mmbl/d) from 2.3 mmbl/d to manage expectations.

NOC Targets to Produce 1.2 mmbl/d in 2021

The Chairman of Libyan National Oil Corporation (NOC), Mustafa Sanallah, stated that the company targets to produce 1.2 million barrels per day (mmbl/d) of oil during 2021 as a part of its plan for the new year.

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