Mining | Egypt Oil & Gas - Part 11
Nigeria’s Oil, Gas Sales Reach $3.46b
Nigeria has earned about $3.46b in oil and gas revenues between July 2015 and June 2016, with a total of $2.3b coming from crude oil proceeds and $1.17b from gas sales, according to the Nigerian National Petroleum Cor...
South Africa to Split Oil, Gas Laws from Mining
South Africa is planning a new law that will separate parts of its oil and gas rules from legislation governing the mining industry, Energy Minister, Tina Joemat-Pettersson, said according to Bloomberg. The plan invol...
Congo Orders Oil, Mining Companies to Pay Taxes in US Dollars
In attempt to increase foreign currency reserves, Democratic Republic of Congo ordered mining and oil firms to pay taxes and import duties in US dollars rather than in the national currency, the Central Bank of Congo ...
Iran Seeking GDP Impetus in Mining, Downstream Sectors
In response to the declining oil prices, Iran plans to increase the mining sector’s share in the country’s GDP from the current less than 1% to more than 2% within ten years, reported Trade Arabia, citing a stud...
Ibrahim Mehleb Tours Mining Sites
Ibrahim Mehleb, Vice President for National and Strategic Projects, is on an inspection tour of mining sites around the country, Egypt Oil and Gas reports. General Ahmed Abdallah, Red Sea Governor; Amr Teama, Head of ...
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. Saudi Arabia’s Minister of Petroleum &...
EMRA: Cement Factories to Use Tar Sand for Energy
Dr. Amr Taima, Head of the Egyptian Mineral Resources Authority (EMRA), revealed to Al-Ahram that his authority had presented a comprehensive plan of action to the Minister of Petroleum and Mineral Resources, Tarek El...
Saudi Arabia On Verge of Fuel Subsidy Reforms
A source in the Gulf oil industry told Reuters that Saudi officials were “seriously” thinking about reducing fuel subsidies, if gradually. This was in response to a Saudi publication, Al Watan’s Satu...
