Nigeria Approves $2b Fuel Subsidy, NNPC Advocating Deregulation

• Tuesday, 15th December 2015
• by Egypt Oil & Gas

Nigeria announced it had approved a $2b (N407.07b) fuel subsidy package, including payments to oil marketers for accrued arrears from the two fiscal years, 2014 and 2015, SaharaReporters wrote. The approval came after...

Nigeria Takes Deregulation Advice from Private Sector Reformer

• Sunday, 23rd August 2015
• by Egypt Oil & Gas

Dr Emmanuel Kachikwu, the new Director of the Nigerian National Petroleum Corporation (NNPC), called for the full deregulation of Nigeria’s oil and gas sector, reported Daily Post Nigeria. “Subsidy creates distortion ...

Vehicle Efficiency to Follow UAE Fuel Price Dereglation

• Thursday, 20th August 2015
• by Egypt Oil & Gas

MiX Telematics is now offering practical fleet management solutions for companies in the UAE following the decision to deregulate the fuel market and remove energy subsidies, reported Trade Arabia. Brodie Von Berg, he...

ENOC’s M&A Strategy After Fuel Price Reforms

• Sunday, 2nd August 2015
• by Egypt Oil & Gas

Dubai’s Emirates National Oil Co (ENOC) plans to expand in the region after the United Arab Emirates deregulated fuel prices, lifting  financial pressure on the company, it said on Wednesday. The firm has strugg...

UAE Garnering Gains of Energy Subsidy Reform

• Sunday, 26th July 2015
• by Egypt Oil & Gas

The UAE government could save several billions of dollars a year on fuel subsidies, following the move to deregulate the prices of oil, according to a report. Fuel subsidies are set to removed starting on August 1 and...