BP | Egypt Oil & Gas - Part 34

Shell Egypt Executive Outlines Production Plans for Gas, Oil and Shale

Egypt has been facing a continuous dwindling in natural gas production since 2012, which led the government to import liquefied gas shipments to fill its needs.

BP To Supply Only 16 LNG Cargoes to EGAS

Egypt has agreed a liquefied natural (LNG) supply deal with British oil major BP through 2015 and 2016, but for less than first proposed

QNB: BP Data Indicate Qatar has 138 Years Worth of Natural Gas

Heavy investment in LNG facilities over the last 20 years and a vast ramp-up in production has made Qatar the world’s largest LNG exporter, driving the establishment of a global LNG market.

BP Ranks Iran Over Russia in Gas, but Still Needs $100 Bn Investments

Iran says it needs $100 billion of investment in its gas industry as updated BP data put the energy superpower’s reserves above those of Russia as the world’s largest.

US Overtakes Russia as Biggest Oil, Natural Gas Producer

The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.

Oil Prices to Remain Low Until 2016: BP Chief

The chief executive of BP expects oil prices to remain low until at least 2016 as production grows faster than demand.

Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources

European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.

BP to Pay $39m of Dana Gas’s Exploration Costs in Egypt

Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the El Matriya onshore concession area in Egypt.

After Deepwater Horizon Disaster, BP’s Strategy Shits to the East

As 2011 dawned, BP was desperate to turn the page. For nine months, the crisis-stricken oil major had been weathering the US fallout from the Deepwater Horizon disaster, which killed 11 workers and caused the largest ...

European Oil Companies to Develop Strategy on Climate Change

Europe's largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they'll be ignored as the world works toward a historic deal limiting greenhouse gases.

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