Oil falls on economic slowdown, but OPEC-led cuts still support
Oil fell on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain…
Browsing Tag
production
Shell to increase LNG exports from Egypt in 2019
Royal Dutch Shell Plc plans to increase liquefied natural gas exports from Egypt this year as it ramps up…
Egypt’s Zohr gas field output rises to 2.1bn cubic feet/day
Egypt’s giant Zohr offshore gas field increased output to 2.1 billion cubic feet per day (bcf/d) and partners in…
Egypt’s Zohr gas field output to hit 3bn cubic feet daily in 2019
Egypt’s plans to raise production of the Zohr gas field to three billion cubic feet per day this year, Oil Minister…
Schneider Electric to double production, increase investments in Egypt soon
The growing number of development projects and an improved investment environment has encouraged French…
Italian agency highlights rise in Egypt’s gas output in FY2020
Italy's agency, Nova highlighted the increase in Egypt’s natural gas output to hit 226 million cubic meters per day…
Egypt’s daily gas output to reach 8bn cubic feet in FY2020
Egypt’s production of natural gas will reach around 8 billion cubic feet per day within the financial year…
Oil prices slip as global growth worries threaten demand
Oil prices edged lower on Tuesday as concerns over global economic growth stoked fears over future demand.
Italian Eni’s overall investments in Egypt hit $13bn since 2015
Italy oil firm, Eni has had overall investments worth $13 billion in Egypt since 2015, its CEO Claudio Descalzi…
Oil jumps 1% on supply cuts, but economic slowdown weighs on outlook
Oil increased one percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening…
