production | Egypt Oil & Gas - Part 73

Algeria to Meet Oil Domestic Demand by 2024

Algerian production of oil by-products will reach 45m tons in 2024, with the new refineries of Hassi Messaoud, Tiaret and Biskra going into operation, according to Algeria’s Minister of Energy, Salah Khebri.

Greece’s Sole Oil Producer Increase Output by 30%

Greece's sole oil producer, Energean Oil & Gas, has stepped up daily production by about 30% since January, as the debt-ridden country seeks to tap into its limited oil reserves.

IEA: Russia, Saudi Arabia to Pump As Much Oil As Possible

The head of the Oil Industry and Markets Division at the International Energy Agency (IEA) told CNBC that he believed both Russia and Saudi Arabia will continue to "pump as much oil as possible."

Aminex Starts Gas Production from Tanzania’s Kiliwani North Field

Africa-focused oil and gas production and development company, Aminex, announced that first gas production has been achieved from the Kiliwani North gas field in Tanzania.

Illicit Waste Disposal Probes Unlikely to Harm Eni’s Earnings

The shutdown of Europe’s largest onshore oil field in Italy over alleged illicit waste disposal at a nearby treatment plant will probably only have a “negligible” effect on Eni earnings.

Nigeria’s Kaduna Refinery Expected to Resume by Mid-April

The head of the upstream division at Nigerian National Petroleum Corporation (NNPC) informed that production of Kaduna refinery plant is expected to restart by mid-April, Reuters reported.

Angola LNG to Resume Gas Production in July

Angola's Liquefied Natural Gas Company will resume production in July 2016 after being suspended since April 2014 due to a failure in one of the pipelines of the gas flaring system.

Kenya Aims First NorthWest Fields Crude Production by 2017

Kenya aims to start small-scale crude oil production from fields in its northwest in 2017 and has commenced to work on road and rail infrastructure that will be used to transport it.

El Molla Meets with Heads of 40 Companies

Tarek El-Molla, Minister of Petroleum and Mineral Resources, met with the heads of 40 joint venture companies to discuss different methods of boosting oil and gas production in Egypt, reported Egypt Oil & Gas.

Trident Petroleum Signs PSA worth $4.5m

Trident Petroleum Egypt signed a new petroleum agreement for oil and gas exploration in the Gulf of Suez area. The agreement entails a minimum investment of $4.5m, a signature bonus of $500,000, and the drilling of s ...

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