Norpetco Production Rates Surpass 16,000 Barrels of Oil

• Sunday, 22nd June 2025
• by Sarah Samir

The North Baharia Petroleum Company (Norpetco) continues to implement its plans to increase production with a budget exceeding $100 million and production rates surpassing 16,000 barrels of oil, Norpetco’s chair...

Shell Expands Investment in Brazil’s Pre-Salt with Gato do Mato Project

• Sunday, 23rd March 2025
• by Fatma Ahmed

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced that it has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, o...

Centamin Announces 11% YoY Production Increase in Q2 2022

• Thursday, 21st July 2022
• by Sarah Samir

In the announcement of its quarterly performance results for Q2 2022, Centamin reported increased gold production of 110,788 ounces (oz) for the three months ending on June 30, an 11% increase compared to the same per...

OPEC’s 2019 Oil Demand Growth Forecast Falls Again

• Sunday, 14th October 2018
• by Editorial Team

OPEC has cut its 2019 global oil demand growth forecasts for the third straight month, citing trade disputes and volatile emerging markets, particularly in key consuming countries, Reuters reported. The monthly report...