production | Egypt Oil & Gas - Part 65
US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
El Molla Visits Zohr
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, visited Zohr field to check on the field's development process.
Egyptian Refineries Secure 65% of Local Fuel Demand
Egyptian refineries secure approximately 65% of the country’s daily demands for petroleum products.
Qarun Petroleum Boosts Karma Field Production
Qarun Petroleum Company boosted its crude oil production from the Karma fields to approximately 23,000 barrels per day (b/d).
Kuwait Promises to Reduce Oil Production, Following UAE
Kuwait is promising to decrease its oil production in response to Saudi Arabia’s call for fellow members of the Organization of the Petroleum Exporting Countries (OPEC) to cut more supply in order to aid in restraini ...
Egyptian Gas Production Records 3,160 tons in April
Egypt's gas production recorded a remarkable increase in April 2017 as it reached 3,160 tons, compared to 2,420 tons in April 2016.
Total, QP Acquire Stake in Al-Shaheen Field, Offshore Qatar
Total along with the national oil company Qatar Petroleum acquired the operatorship of the Al-Shaheen offshore oil field for a period of 25 years starting July 14
Saudi Arabia’s Exceeds OPEC’s Production Limit
Saudi Arabia has exceeds the production cap set by OPEC, reaching 10.07 million b/d in June, surpassing the limit of 10.058 million.
