Kuwait’s economy to grow by 2.6% in 2025 – IMF
Kuwait’s economy is set to expand by 2.6 per cent in 2025, supported by higher oil output following the easing of…
Browsing Tag
oil production
Egypt’s Agiba Petroleum boosts Western Desert output to 12,000 BOE/D
Agiba Petroleum Co. has raised production in the Western Desert’s Iris and Arcadia West areas to 12,000 barrels of…
Egypt’s Assiut Refinery reports higher output
Assiut Petroleum Refining Company announced that it processed over 3.1 million tons of crude during the 2024/2025…
Egypt oil firm achieves AI-driven discoveries, boosts reserves
Egypt’s General Petroleum Company (GPC) announced that it had re-explored old fields using artificial intelligence…
GAPCO reports strong 2024/’25 performance
Egypt’s Suez Gulf Petroleum Company (GAPCO) reported strong performance for the fiscal year 2024/2025 during its…
Iraq, Chevron sign initial agreement on Nassiriya oilfields
Iraq has reached a preliminary deal with US energy giant Chevron to develop the Nassiriya project, which includes…
Egypt’s Norpetco exceeds ’24 drilling targets, boosts reserves
Egypt’s North Bahariya Petroleum Company (Norpetco) announced that it exceeded 108 per cent of its drilling target…
OPEC+ to hike oil output in Sept. ’25
OPEC+ is set to raise oil production by 548,000 barrels per day starting in September, according to three sources,…
Petroleum Minister directs early start of West Amer oil operations
Egypt's Petroleum Minister Karim Badawi has directed the Egyptian General Petroleum Corporation (EGPC) to…
Norway’s oil, gas investment to hit record in ’25
Norway’s oil and gas investments are set to reach a record 269.1 billion crowns ($26.62 billion) in 2025, up from…