Oil Prices | Egypt Oil & Gas - Part 17
OPEC and Experts Say Oil Prices to Recover in 2016
The oil market is expected to become more balanced in 2016 as demand continues to grow, OPEC Secretary-General Abdullah al-Badri announced on Monday.
Oil Prices Slow Down Saudi Oilfield Expansion
Saudi Arabia is moving ahead with the expansion of its giant Khurais oilfield but the project would move slower than originally planned because of budgetary reasons.
Oil Prices a Threat to GCC, Kuwait Experts Say
Two Kuwaiti oil experts – Mohammad Al-Shatti and Amer Al-Tamimi – urged the GCC countries to put plans and take reform measures to face falling oil prices.
TAQA Using Indian Operations to Bolster Revenues
Abu Dhabi National Energy Company (TAQA) has begun selling electricity from its hydro-power project in northern India.
Saudi to Raise Water Prices amidst Credit Downgradings
Saudi Arabia will raise the price of water for non-residential consumers, a move widely perceived as a sign the government is cutting back an expensive system of subsidies thanks to low oil prices.
Undaunted by Oil Prices, UAE Cuts Costs, Registers New Firms
Abu Dhabi National Oil Company (ADNOC) is looking to take advantage of market conditions and bring down the operating cost of its projects by 25%.
Oil Prices Spark Tensions Between US and Omani Pipe Makers
Ahmed Hassan Al Dheeb, undersecretary at the Omani Ministry of Commerce and Industry said that his country is confident of winning an anti-dumping case against a local steel pipeline manufacturer that that is being h ...
Oil Price Drop Brings Mixed Employment Blessings
According to a report by Oxford Strategic Consulting the current period of low oil prices could be an opportunity for GCC-based oil and gas companies to invest in and diversify talent.
