reserves | Egypt Oil & Gas

US May Release 180 mmbbl From Its Strategic Reserves to Stabilize Oil Prices

The US administration may consider to release a total of 180 million barrels over several months from the U.S Strategic Petroleum Reserves (SPR), Reuters reported citing four sources.

Shell Signs Agreement with Oman to Develop Natural Gas Reserves

Shell Integrated Gas Oman, a subsidiary of Royal Dutch Shell has signed a concession agreement with the Omani Ministry of Energy and Minerals, OQ company and Marsa Liquefied Natural Gas to develop natural gas rese ...

El Molla Visits Ramallah, Israel to Support EMGF Efforts

The Minister of Petroleum and Mineral Resources, Tarek El Molla, will visit Ramallah and Israel to held meeting with Mohamed Mustafa, the Palestinian President Advisor for Economic Affairs, and Yuval Steinitz, the ...

IOOC Studies to Raise Persian Gulf’s Production by 740 mmbbl

The Iranian Offshore Oil Company (IOOC) has conducted fast track comprehensive projects on four oil fields in the Persian Gulf, aiming to raise the estimated oil reserves by more than 740 million barrels (mmbl).

Madbouli Reviews Strategic Petroleum Reserves, Ongoing Projects

The Prime Minister, Mostafa Madbouly, reviewed with the Minister of Petroleum and Mineral Resources, Tarek El Molla,a number of  the ministry's files  including  strategic petroleum reserves and the ongoing projec ...

Iran Discovers New Gas Field with 19 tcf Reserves

Iran has discovered a new natural gas field in the southern province of Fars.

Bapetco to Add 40M boe to Reserves

The increase is aimed to be reached through drilling 71 new exploratory and development wells in 2019/20.

Egyptian Natural Gas Output to Reach 8 bcf/d in 2021: Ministry Official

Egypt's natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently.

Egypt’s Gas Reserves Increase by 33.3% since 2015

Egypt’s natural gas reserves increased by 33.3% reaching around 90 trillion cubic feet (Tcf), compared to 60 Tcf in 2015, as the country added new natural gas fields, including Zohr and Atoll, to production.

Egypt’s Fuel Consumption Reaches 91m tons in 2016

Egypt’s consumption of various energy resources rose 4.7%.

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