crude | Egypt Oil & Gas - Part 8
Congo Seeks Share of Uganda’s Crude Export Pipeline
The Democratic Republic of Congo wants to participate in the development of the proposed crude oil export pipeline on the Ugandan side of the Lake Albertine rift basin, Uganda’s energy and minerals minister said on W ...
Abu Dhabi Cutting Oil Prices to Six-Year Low
Abu Dhabi, the desert emirate holding about 6% of the world’s oil, cut export prices for its crude for the seventh consecutive month and to the lowest since 2009 amid a global price slump.
Energy Subsidies in Mena Region Drop by $60 billion
Energy subsidies in the Mena region have fallen by US$60 billion and could continue to decline should oil prices drop further, a senior IMF official has said.
Iran Blames Oil Prices for Delaying Saudi Visit
A meeting between the foreign ministers of OPEC’s Iran and Saudi Arabia was delayed in part due to discord over falling crude prices, said Hossein Amir-Abdollahian, Iran’s deputy foreign minister for Arab and African ...
Iraq Pumping Crude at Record Levels
Iraq is pumping crude at a record pace and will continue to boost exports this year amid a global market glut that’s pushed prices down, Oil Minister Adel Abdul Mahdi said.
Iraq’s Crude Exports Increased in December
Iraq's crude oil exports reached 2.94 million b/d in December, a new record high, taking the country's 2014 monthly average to 2.517 million b/d, as the recent deal with Kurdish authorities begins to bear fruit.
Saudis Seen Giving Asia Smaller Oil Discounts on Signs of Demand
Saudi Arabia will probably offer smaller discounts to ship crude to Asia amid speculation demand will increase after benchmark prices dropped almost 50 percent last year.
UAE Plans to Increase Crude Output
The United Arab Emirates (UAE) consists of seven emirates including Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. 
