Trump Administration to Hold Talks With US Oil Firms on Reviving Venezuelan Production

• Tuesday, 6th January 2026
• by Fatma Ahmed

The Trump administration plans to meet later this week with US oil company executives to discuss boosting natural gas and oil production in Venezuela following the removal of President Nicolas Maduro, a source fam ...

Iraq, Foreign Oil Companies Issue Contradictory Statements on Resumption of Kurdish Exports

• Sunday, 2nd March 2025
• by Sarah Samir

Eight international oil companies operating in Iraq's semi-autonomous Kurdistan region announced that they would not resume oil exports through Turkey's Ceyhan port on Friday, despite Baghdad's declaration that th ...

El Molla Directs NOCs to Increase Production Rates

• Sunday, 17th May 2020
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed the oil companies to search for all the available chances and exploit them in increasing production rates.

Fitch Hints to Downgrade Major Oil Companies

• Wednesday, 27th January 2016
• by Egypt Oil & Gas

Fitch Ratings Agency stated that weak oil prices in 2016 will leave five out of seven large oil companies with financial leverage above the required level, hinting looming downgrading. Total is to make the sharpest c ...

Nigeria to Boost Profitability in UAE as it Fights Oil Corruption at Home

• Thursday, 26th November 2015
• by Egypt Oil & Gas

Alpha Group of Companies Chairman/CEO Sheikh Mohamed Bayorh and senior executives from leading prominent companies in UAE welcomed the Nigerian Minister of State Petroleum Resources, Honorable Emmanuel Kachikwu this ...

ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry

• Sunday, 22nd November 2015
• by Egypt Oil & Gas

An official source at the Ministry of Petroleum said that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015.

Iraq in $30 a Barrel Price War as Investments Stagnate

• Sunday, 22nd November 2015
• by Egypt Oil & Gas

Iraq may increase oil output further in 2016 as the country prepares to sell some crude grades for as little as $30 a barrel.

Oil Companies Call for PSAs, Contract Incentives in Iraq

• Sunday, 15th November 2015
• by Egypt Oil & Gas

International oil companies could boost production in Iraq beyond current targets if production contracts were changed to give more incentives for investment, according to BP Plc and Royal Dutch Shell Plc.

Iraqi Debts Prompt Request for Oil Companies to Reduce Spending

• Tuesday, 15th September 2015
• by Egypt Oil & Gas

Iraq has formally asked oil companies investing in the country to reduce their 2016 spending plans by September 30, citing lower oil prices and government revenue

Libyan Violence Threatens Presence of International Oil Companies

• Sunday, 8th February 2015
• by Egypt Oil & Gas

The violence roiling Libya has increasingly targeted oil companies and their assets, upending long-term investments by Western companies and driving down production in a country that helped trigger the world-wide rou ...