UAE May Lead the Way for GCC States over Diesel Reforms

• Wednesday, 29th July 2015
• by Egypt Oil & Gas

The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright.

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,

Iran Gasoline Plans Held Back by Rising Local Demand

• Tuesday, 7th July 2015
• by Egypt Oil & Gas

Iran’s gasoline consumption rose in the first quarter of this year which began on March 21 despite the country’s cancellation of subsidized fuel to motorists

Update: Coal and Declining Oil Prices Help Reduce Fuel Subsidies, says El-Molla

• Monday, 22nd June 2015
• by Egypt Oil & Gas

“Oil subsidies during the current FY (to end June 30) amounted to 70 billion EGP, down from an estimated 100 billion EGP in the state budget,” Molla said.

Nigerian unions to meet president over fuel strike

• Saturday, 14th January 2012
• by Egypt Oil & Gas

Nigerian unions were to meet President Goodluck Jonathan on Saturday to try to defuse a row over the removal of fuel subsidies that has paralysed the economy and raised fears of a shutdown of its oil industry.