production | Egypt Oil & Gas - Part 4
ExxonMobil Eyes Expanded Lubricants and Synthetic Greases Investments in Egypt
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Dan Moore, Global Vice President of Lubricants at ExxonMobil, to discuss means of strengthening cooperation with the US oil and gas giant in the prod...
Misr Phosphate Marks Fifth Year of Production Growth
Misr Phosphate Company’s (PhosPhate Misr) output reached 4.02 million tons, marking growth for the fifth consecutive year, outgoing chairman and managing director Mohamed Abdel‑Azim said in a Ministry of Petroleum and...
Venezuela’s Oil Exports Reach Highest Level in Over Seven Years in April
Venezuela’s crude oil exports rose by 14% month-on-month to around 1.23 million barrels per day (mmbbl/d) in April, marking the highest level recorded in more than seven years, according to shipping data and documents...
TAG Oil Extends BED‑1 Deal to 2028
The combined production from TAG Oil’s BED4-T100 horizontal well and BED 1-7 vertical well at the Badr Oil Field (BED-1) in Egypt’s Western Desert averaged approximately 80 barrels of oil per day (bbl/d) during the Fo...
MOPCO Surpasses Urea and Ammonia Production Targets in 2025
Misr Fertilisers Production Company (MOPCO) reported urea production of 1.7 million tonnes in fiscal year 2025, achieving 102% of its investment plan, while ammonia output reached 1.1 million tonnes, also 102% of targ...
OPEC+ Eight Agree 206,000 bpd Output Increase as Gradual Unwind of Cuts Continues
Eight members of the OPEC+ alliance have agreed to increase oil production by 206,000 barrels per day (bbl/d) starting in May 2026, as part of a gradual plan to ease earlier supply cuts and support market stability. T...
Egypt Brings 4 New Wells Online with Total Output of 120 mmscf/d
Egypt’s Ministry of Petroleum and Mineral Resources (MoPMR) has successfully brought four new natural gas wells onstream, with a combined production capacity of around 120 million standard cubic feet per day (mmscf/d)... IEA to Release Over 400 mmbbl from Emergency Reserves to Stabilize Oil Markets
The International Energy Agency (IEA) said more than 400 million barrels (mmbbl) of oil from emergency reserves will start entering global markets soon as part of a coordinated effort to ease a surge in crude prices f...
