Egypt to Pay Union Fenosa $2B in Gas Dispute

• Tuesday, 4th September 2018
• by Sarah Samir

Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the company’s Damietta LNG plant in 2012.

Oil Firms Reject Tanzania’s Petroleum Act 2015

• Tuesday, 7th February 2017
• by Sarah Samir

Oil firms are in dispute with the Tanzanian government over local content obligations contained in Petroleum Act 2015.

Nigeria: Oil Union Leaders, Government Discuss Strike Issues

• Tuesday, 12th July 2016
• by Egypt Oil & Gas

Nigeria's government officials held talks with leaders of Nigerian trade union, who are on strike, in efforts to resolve the dispute.

Ecuador Seeking ‘Friendly’ Resolution to Occidental Dispute

• Monday, 2nd November 2015
• by Egypt Oil & Gas

Ecuador's President Rafael Correa said on Saturday that his country is in 'friendly' negotiations with Occidental Petroleum Corporation over the payment of a $1.77b award the Latin American nation was ordered to pay ...

Kuwaiti CEO Hails Saudis in Wake of Khafji Oilfield Dispute

• Monday, 3rd August 2015
• by Egypt Oil & Gas

Kuwait minister allegedly held Saudi Arabia responsible for financial losses due to oil field closure

Venezuela Demands Guyana Stop Oil Exploration in Disputed Territory

• Thursday, 11th June 2015
• by Egypt Oil & Gas

Venezuela's President Nicolas Maduro demanded on Tuesday that neighbouring Guyana stop oil exploration in a disputed offshore territory.

Iran Gas Denies Iranian Report of Underpriced UAE Gas Deal

• Tuesday, 24th February 2015
• by Egypt Oil & Gas

National Iranian Gas Company (NIGC) has denied reports on negotiations with the United Arab Emirates’ Crescent Petroleum to revive a troubled gas export deal.