US Gas Output and Demand Set for Record Highs in 2026–27

• Thursday, 10th September 2026
• by Fatma Ahmed

US natural gas supply and demand are expected to reach record highs in 2026 and 2027, according to the US Energy Information Administration’s (EIA) Short-Term Energy Outlook. Dry natural gas production is projected to...

Enppi Records 20 million Safe Hours at ANOPC Project

• Monday, 22nd July 2024
• by Fatma Ahmed

Enppi in cooperation with its success partners Assiut National Oil Processing Company (ANOPC), Technip and Petrojet, has made a remarkable achievement in the field of health, safety, and environment (HSE). The company...

Equinor Achieves Record Profits for 2022

• Wednesday, 8th February 2023
• by Israa Ibrahim

Equinor’s announced that it made record net profits of up to $28.7 billion compared to $8.6 billion a year earlier, Reuters reported. According to the report, their adjusted earnings before tax and interest (EBT...

ExxonMobil Sets Historic Record for Western Oil Industry in 2022

• Wednesday, 1st February 2023
• by Israa Ibrahim

Exxon Mobil Corp, which earned roughly $6.3 million per hour in 2022, reported a $56 billion net profit for 2022, breaking both a company record and achieving a historic high for the Western oil industry, Reuters repo...

Exxon Shares Rise to Record High on Strong Earnings Outlook

• Sunday, 23rd October 2022
• by Israa Ibrahim

Exxon Mobil Corp. shares soared to an all-time high as oil prices resumed their ascent and analysts upgraded their long-term outlooks for the largest U.S. oil producer’s cash flow and earnings outlook. After dou...

ADNOC Drilling Breaks Record for Longest Well

• Thursday, 20th October 2022
• by Israa Ibrahim

Abu Dhabi National Oil Company (ADNOC) declared that a new world record for the longest oil and gas well has been set at its Upper Zakum Concession. The well, which has a length of 50,000 feet and is about 800 feet lo...

Dana Gas Records Net Profit Worth $317 million in 2021

• Thursday, 10th February 2022
• by Fatma Ahmed

Dana Gas announced achieving a net profit of $317 million in its preliminary unaudited financial results for the full year, which ended on 31 December 2021. The company said that this increase came as a result of high...

Power Stations Receive Record Natural Gas Supply to Face Heat Wave

• Sunday, 8th August 2021
• by Fatma Ahmed

The Ministry of Petroleum and Mineral Resources recorded unprecedented natural gas consumption rates by the power stations that amounted to 5,210 billion cubic feet of gas equivalent per day (bcfe/d) on August 4 and 5...

Spain’s LDZ Gas Demand Reaches Record of 114 mmcm

• Sunday, 10th January 2021
• by Fatma Ahmed

Natural gas demand from Local Distribution Zone (LDZ) sector in Spain reached a record high of 114 million cubic meter (mmcm) on January 7 due to high heating demand during recent cold snap, which resulted in an incre...