Nigeria Feels Squeeze of Oil Price Plunge, Africa Suffers Too

• Thursday, 3rd September 2015
• by Egypt Oil & Gas

The halving of crude prices has struck at the heart of Nigeria' state finances, reveals Bloomberg, with no facet of the country's oil revenues left unscathed.

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 secto

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,

Libya May Double Oil Output Due to Lasting Low Oil Prices

• Thursday, 18th June 2015
• by Egypt Oil & Gas

Libya may double crude output to 800,000 barrels a day by next month after talks to reopen oil and gas pipelines feeding export terminals, amid the most enduring global glut in almost two decades

Petroleum Ministry: No Truth to Rumors of Fuel Price Increase

• Thursday, 21st May 2015
• by Egypt Oil & Gas

The Ministry of Petroleum and Mineral Resources denied that it currently had any intention to increase prices of petroleum products.

Petroleum Prices to Increase before FY 2015/16

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

Egypt's government aims to increase the prices of petroleum products before fiscal year 2015/16, according to Al-Mal newspaper. The decision represents the second phase of the five-year plan for the gradual reduction ...

Rouhani Authorized to Raise Gasoline Prices

• Wednesday, 18th February 2015
• by Egypt Oil & Gas

The Iranian parliament (Majlis) has approved a five-percent increase in fuel prices for the next fiscal year starting March 21, amid falling oil prices.