reserves | Egypt Oil & Gas - Part 2

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%.

Egypt Seeks 2m tons of Fuel to Fill Gap

Egypt needs around 2m tons of fuel annually to fill the gap between supply and demand.

Iran Discovered Its First Shale Oil

Iran has discovered its first shale oil reserve containing over 2b barrels of light crude. The deposit is located in the western province of Lorestan.

Saudi Aramco’s Oil Reserves Reach 261b Barrels

The external audit of the oil reserves of Saudi Aramco ahead of its planned IPO has confirmed that Saudi Arabia’s oil giant has more than 261b barrels of reserves.

Mexico’s Proven Oil and Gas Reserves Fell 21% in 2015

Mexico’s proven oil and gas reserves dropped 21.3 percent in 2015, the oil regulator said, as the state-run oil company, Pemex, cut back on investment because of plunging crude prices.

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