Venezuela’s oil exports remained largely unchanged at 1.08 million barrels per day (mmbbl/d) in October, as stagnant crude production and rising shipping costs continued to weigh on demand for the country’...
Germany will release up to 15 million barrels (mmbbl) of crude oil and petroleum products from its emergency reserves under a coordinated Group of Seven (G7) initiative led by the International Energy Agency (IEA), Re...
Karim Badawi, Minister of Petroleum and Mineral Resources, reviewed plans to increase domestic oil and gas production, secure petroleum product supplies, and improve operational efficiency during a meeting with the ex...
Egypt’s petroleum sector has added 45 million cubic feet per day (mmcf/d) of natural gas and 540 barrels per day (bbl/d) of condensates from four wells in the Western Desert, Gulf of Suez, and onshore Nile Delta, the ...
Petrosannan, the joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Ukraine’s Naftogaz, exceeded its natural gas production target by 36 per cent during fiscal year (FY) 2025/26, with pro...
South Valley Egyptian Petroleum Holding Company (Ganope) has raised its average crude output to about 33,000 barrels per day (bbl/d) in the current fiscal year, with plans to reach 44,000 bbl/d in FY 2026/27, Chairman...
North Bahariya Petroleum Company (NORPETCO), an Egyptian oil exploration and production company, drilled 13 wells and produced production of 12,700 barrels per day (b/d), while carrying out $91.4 million in operationa...
Al Amal Petroleum Company (Amapetco), a joint venture (JV) between Egyptian General Petroleum Corporation (EGPC) and Cheiron. produced 8,000 barrels of oil equivalent per day (boe/d) and recorded 11.8 million safe w...
The output of Borg El Arab Petroleum Company (BORAPETCO) exceeded its targets for fiscal year (FY) 2025/26 by 4%, coming in at 4,322 barrels of oil equivalent per day (boe/d), according to Chairman Mostafa El-Meihy. ...
Baker Hughes has secured a contract from British Petroleum (bp) to provide offshore well stimulation and production enhancement services across bp’s UK North Sea operations, supporting both new well development and re...