reserves | Egypt Oil & Gas
US Considers Releasing Strategic Reserves to Association of Southeast Asian Nations
The US is considering releasing part of its strategic energy reserves and increasing exports of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) to the Association of Southeast Asian Nations (ASEAN) as pa...
Khalda Petroleum Reports 23 Discoveries, Production, Reserves Growth in FY 2024/25
Khalda Petroleum Company, a joint venture (JV) between Apache and the Egyptian General Petroleum Corporation (EGPC), made 23 oil discoveries, including West Faiops-1X and NUT S-1X, during fiscal year (FY) 2024/25. Mor...
GPC Boosts Production, Reserves with New Technology in 2024/25
The General Petroleum Company (GPC) re-explored brownfields using unconventional methods for the first time, leveraging artificial intelligence (AI) during fiscal year (FY) 2024/25. This led to two discoveries in the ...
Wadico Adds 5.4M Tons in New Phosphate Reserves
The New Valley Company for Mineral Resources and Oil Clay’s (Wadico) successfully added 5.4 million tons of new phosphate to its reserves during 2025, as part of the company’s plans to maximize its reserves and ...
Wadico Adds 6.6M tons of Phosphate Reserves in 2024
New Valley Company for Mineral Resources and Oil Clay (Wadico) Chairman Amgad Ghoneim said that his company expanded its drilling activities for phosphate ore, adding new reserves estimated at approximately 6.6 millio...
Oman’s LNG Reserves Record Increase by 7% in 2022
The annual report issued by the Ministry of Energy and Minerals that Oman’s liquefied natural gas (LNG) reserves reached to 24 trillion cubic feet (tcf) in 2022 recording increase by 7% compared to the corresponding p...
Centamin Announces Second Year of Reserve Growth at Sukari
Centamin has announced the second year of reserve growth at Sukari, driven by a 33% increase in underground reserves, the company said in a statement. “Today’s announcement marks the second consecutive year of resourc...
US May Release 180 mmbbl From Its Strategic Reserves to Stabilize Oil Prices
Four sources told Reuters that the US administration is considering a decision to release a total of 180 million barrels over several months from the US Strategic Petroleum Reserves (SPR). By taking such an action, th...
