Oil | Egypt Oil & Gas - Part 16
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 Oil & G...
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 told Daily News Egypt. Egypt and Iraq activated a contract earlier in 2018 that will s...
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 (Y.o.Y) decrease, Egypt Oil & Gas reports. The country’s output o...
South Yemen Oil Production May Resume in April
Austrian oil company OMV has signaled that oil production could resume in south Yemen in April 2018, The National reported. The company gave the green light for oil production after a team traveled to Shabwa province ...
Iran, Azerbaijan Edge Closer to Oil Agreement
There have been positive developments in ongoing oil talks between Iran and Azerbaijan and a deal may be signed in March 2018, Mehr News Agency has reported. It is hoped an agreement can be concluded when Iranian Pres...
Iraq to Decrease Fuel Imports by 25%
The Iraqi Ministry of Oil has announced plans to decrease imports of petroleum products by 25%, Reuters has reported. The decision was made because crude refineries are being rehabilitated after the conflict with Isla...
Iraq Mulls Exporting Oil via Turkey
Iraq’s government declared desire to hold talks with Turkey over the possibility of transporting oil once more from federal territory to reach a port located on the Mediterranean Sea, United Press International (UPI) ...
DEA Boosts Oil, Gas Production in Egypt
DEA Deutsche Erdoel AG announced a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta. The next phase of the West Nile Delta (WND) devel... 
