Output | Egypt Oil & Gas
Iraq Targets 8–10 Mmbbl/d Output Within Six Years
Iraq plans to increase crude oil production to 8 million–10 million barrels per day (mmbbl/d) within six years, more than doubling its pre-conflict output of around 4 mmbbl/d, as Baghdad seeks to expand its production...
OPEC+ Raises Output Targets Amid Strait of Hormuz Crisis
OPEC+ approved a fourth consecutive hike in its oil output targets, even as the ongoing US conflict with Iran continues to block several member states from raising production, Reuters reported. The war has stopped oil...
Tharwa Petroleum Reports 15% Production Growth in 2025
Tharwa Petroleum Company, a state-owned company, recorded strong operational and production results in 2025, achieving a 15% increase in output compared to the previous year following the successful drilling of four n...
WEPCO Increases Onshore Gas Production from Egypt’s Western Desert
The Western Desert Operating Petroleum Company (WEPCO), an Egyptian state‐established energy firm, has raised its daily natural gas output to 8,300 barrels of oil equivalent per day (boe/d) following the integration o...
Aramco Expected to Provide Complete Oil Volumes to Some Asian Refiners in July
Despite Saudi Arabia’s announcement of cutting oil output from 10 million barrels per day (bbl/d) to 9 million bbl/d in July, Aramco said it will send full nominated volumes of crude oil to number of North Asian custo...
Saudi to Implement Huge Oil Cuts in July as OPEC+ Extends Deal into 2024
Saudi Arabia announced that it will implement deep oil production cuts in July on top of a broader OPEC+ deal to limit supply into 2024, Reuters added. OPEC+, which is a group of the Organization of the Petroleum Expo...
Iran’s South Pars Refinery to Come Online Soon
Iran’s South Pars Refinery should come online soon, said Mohsen Khojastehmehr in a televised interview, who added that the country’s gas output capacity is anticipated to expand by 500 million cubic meters per d...
Iran Announces It is Capable of Ramping Up Oil Production to 7.4 mmbbl/d
Iran has the capacity to produce 7.4 million barrels of crude oil per day, according to the head of the office of the Supreme Leader’s economic division. Adding: “We are an oil country, we cannot lag behind the ...
