plan | Egypt Oil & Gas - Part 2

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. The...

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. The committee’ taskforces include Sustainable Development; He...

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, Reuters reported. He ...

Iran’s NIOC Announces Completion of Jask Terminal Pipeline

The head of Jask Oil Terminal Project, Vahid Maleki, announced the completion of the construction operation for the offshore pipeline which will transport oil to Jask terminal, the National Iranian Oil Company (NIOC) ...

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, Libya...

ExxonMobil Announces New Emission Reduction Plan

ExxonMobil announced a new plan for reducing greenhouse gas emissions by 15-20% in addition to reduction of methane intensity by 40-50% and flaring gas by 35-45% by 2025, according to a press release. The company elab...

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 studying ...

Ganope’s Production Plan to Reach 8.9 M Barrels

South Valley Egyptian Petroleum Holding Company (Ganope) plans to produce 8.9 million barrels of oil during fiscal year (FY) 2018/2019, according to the company’s Head, Mohamed Shimy, Egypt Oil & Gas Reports. The ...

Egypt to Boost Gas Production

An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the Ministry of Petroleum and Mineral Resources has approved its new plan at the beginning of April ...

El Molla: Egypt Turns Challenges into Opportunities

Speaking at EGYPS 2017’s opening speech. the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Ministry is aiming to create an attractive investment environment and turn challen...

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