OPEC Oil Output Hikes in January
The Organization of the Petroleum Exporting Countries (OPEC)'s oil production increased in January 2018, following an eight-month low, due to higher output from Saudi Arabia and Nigeria.
Output | Egypt Oil & Gas - Part 3
Petroleum Products Output Reach 28.9 M MT in 2015/2016
Egyptian output of petroleum products has increased by 6.3% in 13 fiscal years (FYs) to reach 28.9 million metric tons (MT) in FY 2015/2016, compared to 27.1 million MT in FY 2002/2003.
Egypt to Export Electricity in 2018
Egypt plans to be an electricity transfer and circulation regional hub in 2018, as the county will be able to export its surplus of electricity during 2018.
Egypt to Reduce LNG Imports by 32%
The Egyptian government is accelerating its efforts to lower natural-gas imports.
Libya Targets 1.25 Mb/d of Oil by the End of 2017
The North African country is targeting 1.5 million b/d of oil by the end of 2018, with hopes of reaching 2.1 million b/d after four or five years.
IOCs to Develop Iran’s Azadegan Oil Field
IOCs have presented technical surveys for the development of the Azadegan oil field.
Al-Falih: No Prompt Need to Adjust Oil Agreement
There is no evidence a pact by global oil producers to curb output needs to be adjusted.
Dana Gas Reports Strong Results in Egypt for Q1 2017
Dana Gas said that total receivables in Egypt increased in the first quarter of fiscal year 2017 to $283m, compared to $265m in Q1-16.
Libya’s Oil Production Reaches 796,000b/d
The increase adds pressure on the world’s biggest producers who just signaled they may extend production cuts amid a slump in oil.
