Eni Announces Second Oil Discovery in Egypt’s Western Desert
Eni has announced a second light oil discovery on the B1-X exploration prospect located in the South West Meleiha license, located in Egypt's Western Desert.
Oil | Egypt Oil & Gas - Part 13
Iran Prepares to Allow Private Companies to Export Oil
Iran is looking towards private companies to export its oil as part of its strategy to counter US sanctions, state media and officials announced on July 1.
Congo Republic Becomes OPEC Member
The Republic of the Congo, one of Africa’s major oil producers, has become the newest member of OPEC.
CAPMAS: Fuel and Petrochemicals Exports Increase
The total value of Egypt’s fuel exports increased by $260 million year-on-year (YOY) in Q1 2018.
TGS Completes Red Sea Seismic Survey
TGS has finished collecting data from a 10,000-km 2D seismic survey in Egypt’s Red Sea.
Iraqi Oil Exports Rise 11% Y.o.Y
Iraq’s oil exports rose 11.5% in the year to March 2018.
Egypt, Canada Talk Expertise Exchange
Egyptian Minister of Petroleum Tarek El Molla has met with Canadian Ambassador to Egypt Jess Dutton to discuss increasing cooperation in the fields of oil, natural gas, petrochemicals and mineral resources.
Egypt Completes 24 Hydrocarbon Projects Since 2014
The Egyptian oil and gas sector completed 24 projects over the past four years, investing $16.2 billion in the process, Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has stated.
Egypt to Receive Second Shipment of Iraqi Crude
Egypt will receive its second crude oil shipment from Iraq in two weeks, an official at the Egyptian General Petroleum Corporation has said.
Egypt’s Consumption of Petroleum Products Falls 11.76% Y.o.Y
Egypt’s consumption of petroleum products fell from 3.282 million tons in January 2017 to 2.896 million tons in January 2018, a 11.76% year-on-year decrease.
