gas | Egypt Oil & Gas - Part 53
Gazprom Declines Amid Asian Expansion, European Slump
Gazprom posted a third straight weekly decline as concern mounted that earnings will be crimped as the Russian natural gas producer spends to expand in Asia while gains in Europe, its biggest market, continue to slum ...
Nigeria Could Increase Oil Output With Funding Reforms
Nigeria can boost its oil and gas production by changing the way capital investments are funded in its joint ventures with energy companies, according to Seplat Petroleum Development Co.
Tanzania Raises Gas Resources to 55 Trillion Cubic Feet
Tanzania's current natural gas reserves are at about 55 trillion cubic feet (tcf) following new deep sea discoveries off its southern coast, the east African nation's energy minister said.
Turkey Considers Becoming a Partner in Russian Pipeline Project
Russia's Gazprom is likely to start the construction of a planned gas pipeline to Turkey by the end of this month, Turkish Energy Minister Taner Yildiz said, adding that Ankara is considering becoming an equity partn ...
OPEC Still Dominant Player Despite Booming US Shale
OPEC's announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects the growing influence of booming US shale but analysts say the cartel is still the dominant player.
OPEC Accepts US Shale Oil in Strategy Shift
The OPEC cartel, which meets on output this week, appears to have changed its approach to US shale oil -- which it now welcomes as part of the global energy landscape.
Introduction of Fracking in Spain Causes Concern
Thousands of people in Spain have organised to protest the introduction of “fracking” – a controversial technique that involves pumping water, chemicals and sand at high pressure into shale rock to release gas and oil.
China Starts Construction on Pipeline to Bring in Russian Gas
Russian state gas company Gazprom says China has started construction on a pipeline to bring Russian gas to China.
