Suez Oil ups Oil-Gas-Equivalent Productions to 50.000/day
Suez Oil Company (SUCO) currently produces around 50.000 barrels of equivalent oil and natural gas per day,…
Browsing Tag
crude oil
Oil up Sharply, posts First Monthly gain Since June
Crude oil rose sharply on Friday as Brent and U.S. futures posted their first monthly gains since June, supported…
Oil prices down again as UAE defends production hold
Crude oil prices hit their lowest in almost six years on Tuesday in a market readying for further falls, as a big…
Asia Shares Take Heart from Oil Bounce, Dollar Capped
Asian equities rose on Tuesday, with a rebound in crude oil and other commodity prices favoring the stock markets…
Egypt’s Khalda Eyes Gas Production Rates of 940m SCF by Year-end
Khalda Petroleum Company (KPC) is planning to boost its production rates to 940 million cubic feet of natural gas…
Ganope Plans to Produce 35.000 Crude Oil Barrels Per Day
Egypt’s state-owned Ganoub El-Wadi Petroleum Holding Co. (Ganope) is planning to reach daily production rates of…
Suez Project Has the Potential to Transform Egypt
“It is the Egyptian people’s gift to the world.” This is how Egyptian president Abdel Fattah al-Sisi referred to…
Crude Stays Heavy As Ukraine-Russia Diplomacy Plows Ahead
Brent crude steadied around $108 a barrel on Thursday as the West and Russia engaged in high-stakes diplomacy to…
IPR Unveils New Oil Discovery in Egypt’s Suez Gulf
Texas independent oil & gas explorer the Improved Petroleum Recovery (IPR) Group of Companies announced on…
Egypt Inks USD265mn Exploration Deals with Dana Gas, Petroceltic, and Edison
Egypt has signed on Thursday 3 oil and gas exploration agreements with UAE Dana Gas PJSC, Dublin-based Petroceltic…
