deal | Egypt Oil & Gas - Part 4

Global Oil Producers to Debate Oil Output Freeze in mid April

OPEC and non-OPEC producers - Qatar, Saudi Arabia, Russia, and Venezuela - are expected to hold a meeting in the Qatari capital on April 17th to debate oil output freeze on the January 2016 levels. The meeting is a f ...

South Sudan Strikes New Deal with Sudan on Oil Transit Charges

Transit fees that Sudan charges its neighbour South Sudan will be based on prevailing crude oil prices, a move away from a fixed fee.

Ghana’s Opposition Calls for Review of ENI Oil&Gas Deal

Ghana’s leading opposition, the New Patriotic Party (NPP), asked the Italian Prime Minister, Matteo Renzi, –during his two-day visit to the country– to review the terms of a deal between Italian oil company, ENI and ...

Libyan Oil Finds a Consistent Buyer in Glencore

Anglo–Swiss multinational commodity trading and mining company headquartered in Baar, Switzerland, Glencore has secured a deal to buy roughly the half of the oil Libya is currently exporting.

Somalia Risks Paying 90% Oil Revenue to Explorer Under Draft Deal

Soma Oil & Gas Holdings Ltd., chaired by former U.K. Conservative Party leader Michael Howard, has proposed a deal with the Somali government that may grant it as much as 90 percent of the country’s prospective oil r ...

Iraq Signs $526.6 Million China Deal to Drill 66 Wells

Iraq's cabinet has approved a $526.6 million drilling deal with China's Zhongman for the West Qurna Two oilfield, the government said in a statement on Tuesday.

Saudi Aramco and KACST Ink Deal for High-Tech Venture

A new joint venture between two major companies in technology and oil sectors has been established to set up a sophisticated center for conducting nondestructive tests in the oil sector.

Egypt cancels gas deal with Israel

Egyptian energy companies, citing a trade dispute, have terminated a deal to supply Israel with natural gas in a step that may further erode bilateral ties strained by a popular revolt that toppled Egypt's pro-Israel ...

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