gas | Egypt Oil & Gas - Part 59

Press Release: Petroleum Minister of Egypt Stresses Need for Improving Services to Citizens

Sherif Ismail, Minister of Petroleum and Mineral Resources for Egypt, emphasized the importance of supporting Egyptian-Arab cooperation in various areas of the oil industry in light of the economic need for such proj ...

Dubai’s Kampac Oil to Invest Billions in Philippines Energy City

Kampac Oil, a Dubai-based oil and gas company, plans to double its investments in the Philippines to more than $10 billion, said a report.

Algeria Faces Leadership Vacuum Amid Oil Challenges

When Abdelaziz Bouteflika ran for a fourth term as Algeria’s president a year ago, the opposition cautioned that he would be too sick to govern.

Russian Relations with In-Debt Greece Expand to Gas

Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government coffers

Dana Gas to Ramp up Production in Egypt

Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production in Egypt this year, the company’s chief executive said.

China’s POLY-GCL to start gas in Ethiopia

Ethiopia expects Chinese firm POLY-GCL Petroleum Group Holdings Ltd to begin drilling for natural gas in development blocks in the southeast by June or July, the mines minister said.

Global Petroleum Brain Drain Reaches GCC States

Bahrain and other Gulf countries are facing a brain drain in the energy industry, with fewer young people seeking jobs in the field.

Spain’s Criteria Reportedly Considering 4% Sale of Gas Natural

Spain's Criteria, the parent company of lender Caixabank, is considering the sale of 4 percent of energy firm Gas Natural, a source with direct knowledge of the matter told Reuters on Tuesday.

Cairn Energy Plans Further Drills for Senegal Offshore Discoveries

Following the successful drilling campaign offshore Senegal in 2014, FAR Ltd, ConocoPhillips, Cairn Energy (the operator of the licence) and Petrosen (the government of Senegal) are planning a first phase work progra ...

Lukoil Mulls Withdrawing from Saudi Gas Due to Oil Prices

Lukoil will likely pull out from Saudi Arabia where the economics of its search for gas have been crushed by the collapse of the oil price, three industry sources said.

Page 59 of 74

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