Kenya to Cut Power CAPEX

• Wednesday, 9th November 2016
• by Egypt Oil & Gas

Kenya Power expected capital expenditure to fall 16% in its current financial year as it spends less on maintaining its grid. The company said capital expenditure was likely to fall to $9.9m in its financial year to ...

US Drillers to Cut Capital Spending by 30%

• Tuesday, 9th February 2016
• by Egypt Oil & Gas

A group of 44 US oil and gas drillers will need to cut their capital budgets by an additional 30% to balance their lowered income, according to an analysis by IHS Inc.