plan | Egypt Oil & Gas

IPR to Invest $110M in Drilling New Wells in Alamein, Fayoum

Minister of Petroleum and Mineral Resources Tarek El Molla and Chairman of IPR Mahmoud Dabbous have held a meeting to discuss the company’s results and latest projects on the sidelines of EGYPES 2024.

Apache Showcases its 2024 Business Strategy in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with Apache Corporation CEO John Christmann, the company’s Vice President and General Manager of Apache in Egypt David Chi, and an accompan ...

PDVSA’s New Management Expects to Increase Oil Output, Refining

Venezuelan state-owned oil and natural gas company PDVSA's new management anticipates to increase the country’s output to 1.17 million barrels per day.

ExxonMobil’s Corporate Plan to Potentially Double Earnings, Cash Flow, Increase Efforts in Lower-Emissions

ExxonMobil declared its next five-year corporate plan, with a significant increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. ...

EOG Committee Meets to Set the Strategy of 2022

Egypt Oil and Gas Committee has met on January 20 to form the new structure of the committee and set its new strategy as well as its taskforces activities.

Alegria Plans to Boost Oil& Gas Investments by $2.6 billion in 2022

The Algerian Prime Minister Ayman Benabderrahmane stated that his country intends to increase its oil and gas sector’s investments by $2.6 billion up from $7.4 billion to $10 billion during 2022.

Iran’s NIOC Announces Completion of Jask Terminal Pipeline

The head of Jask of Oil Terminal project, Vahid Maleki. announced the completion of the construction operation for the offshore pipeline which will transport oil to Jask terminal.

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.

ExxonMobil Announces New Emission Reduction Plan

ExxonMobil announced a new plan for reducing greenhouse gas emissions by 15-20% in addition to methane intensity by 40-50% and flaring gas by 35-45% by 2025.

El Molla: 50,000 Cars to Be Converted to Natural Gas in FY 2020/21

The Minister of Petroleum and Mineral Resources, Tarek El Molla, confirmed that the ministry is targeting to convert about 50,000 cars to run on natural gas during fiscal year (FY) 2020/2021 and is currently study ...

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