Cairo — Egypt’s offshore oil fields in the Sinai region have reached their highest daily production level in nearly a decade, underscoring the country’s growing focus on extracting additional value from mature hydrocarbon assets amid efforts to strengthen domestic energy supplies. The Ministry of Petroleum and Mineral Resources said production from the Sinai offshore fields, […]

The post Egypt’s…

Egypt has signed a new upstream oil and gas agreement worth a minimum of $208 million for the integrated Badr El Din concession in the Western Desert, as Cairo seeks to accelerate exploration activity, raise domestic production and attract further foreign investment into one of the country’s most important producing regions. Minister of Petroleum and […]

The post Egypt Signs $208 Million Western…

Venezuelan oil production continues to increase, rising from 1,095,000 barrels per day in March to

The crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) has fallen

Caracas (OrinocoTribune.com)—Acting President of Venezuela Delcy Rodríguez has led a ceremony to sign a memorandum

An interview with Francio Vielma, one of Venezuela’s leading experts in the hydrocarbon sector. Francio