China’s Fourth-Largest Oil Producer to Cut Salaries, Spending, Investments

• Tuesday, 29th March 2016
• by Egypt Oil & Gas

Shaanxi Yanchang Petroleum Group, China’s fourth-biggest oil producer, is cutting investments and salaries because of the oil price crash, according to people with knowledge of the matter cited by Bloomberg. The compa...

Ghana Pays $10m to Nigeria to Avoid Gas Supply Cut

• Monday, 19th October 2015
• by Egypt Oil & Gas

The Ghanaian government has settled part of its debt to the West African Gas Pipeline Company (WAPCo) and Nigeria Gas Association, NGA, following the first round of talks with the Nigerian authorities. Nigeria said re...

Jordan says Egypt gas cuts cost Amman $2 bln

• Tuesday, 24th April 2012
• by Egypt Oil & Gas

Energy-poor Jordan warned on Monday that cut-offs in unstable Egyptian gas supplies could cost the kingdom more than $2 billion this year. “We are worried about the energy situation. Egypt’s gas supplies h...