Oil Prices | Egypt Oil & Gas - Part 16
Oil Companies Call for PSAs, Contract Incentives in Iraq
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.
UAE Key Stabilizer in Future Oil Markets
"The UAE played a key role in the political stability of this region and the UAE will play ... a key role in the stability of the market," the UAE oil minister Suhail al-Mazrouei was quoted as saying.
Oil Prices Force Taqa to Shift Gears
Abu Dhabi National Energy Company (Taqa) posted a net loss in the third-quarter as revenues were hit by weak oil prices.
UAE Still Expanding, but Optimizing Offshore Investments
The inaugural Adipec Offshore and Marine Conference, produced and managed by dmg events, kicked off on November 9 in a purpose-built dedicated waterside theatre, the first-of-its-kind in the region.
IMF to Help Saudi with Tough Choices, Lagarde
The decline in oil prices has increased the importance of reforms to switch the focus of growth from the public sector to the private sector in Saudi Arabia, said Christine Lagarde, managing director of the IMF.
UAE Preparing Energy Projects for Eventual Oil Price Rebound
The United Arab Emirate is pushing ahead with large new energy projects, betting that an oil price recovery will start as early as next year as demand begins to absorb the global glut.
Saudi Arabia Adamant Over Oil Prices, Despite Omani Complaints
Saudi Aramco's Chairman Khalid al-Falih said on Sunday that the company has no plans to cut oil production and he foresees the oil market rebalancing in 2016.
