According to OPEC sources, OPEC+ may consider reducing oil production by more than 1 million barrels per day the following week in order to address the weakness in oil market. This would be the largest action take ...
United Oil and Gas Company (UOG) has recorded net average oil & gas production of 1,552 barrels of oil equivalent per day (boe/d) during the H1 of 2022..
The Chairman of South Valley Egyptian Petroleum Holding Company (Ganope) Nael Darwish announced that his company succeeded in increasing its reserves by adding 15 million barrels during fiscal year (FY) 2020/21 to ...
PETRONAS declared that the North Malay Basin (NMB) Phase 3 project in Block PM302, located 290 kilometers offshore Peninsular Malaysia, has recently achieved its first gas production.
United Oil & Gas (UOG) announced that on the AJ-14 well, it expects consistent flow rates in the range of 300 barrels of oil per day (bbl/d) gross and that the well can be promptly brought into production to gener ...
Hossam Zaki, the Chairman of the Pharaonic Petroleum Company (PhPC), announced that his company has achieved the planned production rates by 100%, recording 163 billion cubic feet (bcf) of natural gas sales in add ...
The Lower Zakum field, located off the coast of Abu Dhabi, will receive a new main gas line as part of a $548 million contract, according to the Abu Dhabi National Oil Company (ADNOC).
Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting to review the progress of the action plan that was put in place amid the Russia-Ukraine conflict to maintain local market supply stability ...
Petroshrouk Chairman Khaled Mowafy announced Zohr field achieved record success during fiscal year (FY) 2021/22 since its start in FY 2017/18, with production reaching 2.7 billion cubic feet per day (bcf/d) of nat ...
PDVSA, the Venezuelan government-owned oil and gas firm, has resolved its technical issues and resumed gasoline production at the nation's second-largest refinery, Reuters reported citing five sources with knowled ...
