African Oil Producers Seek to Cut Production

• Sunday, 5th April 2015
• by Egypt Oil & Gas

The African Petroleum Producers Association, which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally. The group also includes the continent’s biggest producers, Nig...

Marathon Oil Cuts Spending a Second Time

• Thursday, 19th February 2015
• by Egypt Oil & Gas

Marathon Oil Corp on Wednesday said it would cut its 2015 capital budget by another 20 percent to $3.5 billion, and reported that fourth-quarter profit rose, on a gain related to the sale of oil and gas properties in ...