production | Egypt Oil & Gas - Part 22
El Molla Reviews Capricorn Energy’s E&P Plans in Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Capricorn’s CEO Randy Neely and the company’s Managing Director in Egypt Eleanor Rowley to discuss the company’s exploration and production...
El Molla Urges Production Increase During Sector Meeting at SUCO
Minister of Petroleum and Mineral Resources Tarek El Molla highlighted the importance of intensifying efforts to invest in the available opportunities to increase production and petroleum reserves. This came during th...
Iraq to Announce El-Faw Refinery Oil Project Agreement
Iraq, OPEC’s second largest oil producer, is planning to launch an investment project in the Southern Faw Peninsula, which is “El-Faw” oil refinery with a production capacity of 300,000 barrels per day, Attaqa r...
El Molla, Spanish Ambassador Discuss Oil, Petrochemical Investments in Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Spanish Ambassador to Egypt Álvaro Iranzo to discuss oil and petrochemical investment opportunities in Egypt and its role in energy security as w...
ExxonMobil Achieved Earnings of $11.4B in Q1 2023
ExxonMobil reported a record first-quarter earnings of $11.4 billion which is more than double from the same quarter a year ago. Earnings per share (EPS) followed a similar trend increasing to $2.79 per share. “We del...
OPEC+ Sees No Need for Further Oil Output Cuts: Russian Deputy PM
OPEC+, the Group of leading oil producers, saw no need for further oil reductions despite lower-than-expected Chinese demand, but that the organization can always adjust its policy if necessary, according to Russian D...
Wintershall Dea Announces Stable Operational Performance for Q1 2023
Wintershall Dea announced a stable operational performance for Q1 2023 when the company’s daily output recorded 318,000 barrels of oil equivalent (boe/d) for the quarter. The daily production comes on track with the f...
GANOPE Pushes to Boost Crude Oil Output to 40,000 bbl/d
Minister of Petroleum and Mineral Resources Tarek El Molla reviewed the efforts of the South Valley Egyptian Petroleum Holding Company (GANOPE) to bring the total crude oil production of GANOPE and its subsidiaries to...
