Diversification | Egypt Oil & Gas - Part 2
IMF to Help Saudi with Tough Choices, Lagarde
The decline in oil prices has increased the importance of reforms to switch the focus of growth from the public sector to the private sector in Saudi Arabia, said Christine Lagarde, managing director of the IMF.
Oil Prices a Threat to GCC, Kuwait Experts Say
Two Kuwaiti oil experts – Mohammad Al-Shatti and Amer Al-Tamimi – urged the GCC countries to put plans and take reform measures to face falling oil prices.
Mining to Make Major Contribution to Saudi Diversification
Saudi Arabia's plans to diversify its economy away from oil gained additional imputes with the announcement that the country's mining sector is set to triple by 2030.
IMF: GCC Diversification Solution to Oil Price Dilemma
The IMF expects oil prices to average $52 a barrel in 2015, down from $110 a barrel in the first half of 2014
Oman Devising Energy Master Plan as Oil Workers Laied Off
Oman's top 100 energy sector stakeholders held a workshop Tuesday aimed at drafting the most-critical recommendations to be included in Oman’s 25-year energy master plan
Oman to Rethink Economy, Expenditures with Oil Crunch
Top Omani officials and experts are expected to hold an extended meeting on October 21 to explore solutions and proposals to alleviate the impact of the oil crisis on the national economy
UAE Firm on Energy Diversification Amid Oil Prices
“Investments are ongoing, we are a mature producer,” Energy Minister Suhail Al Mazrouei told reporters Sunday at a conference in Abu Dhabi
Angolan Oil Sector Faces Tough Choices in Low Price Environment
Angola's Oil minister, Botelho de Vasconcelos, urged that his country's petroleum sector show a greater commitment with a view to meeting the new challenges of the oil industry
