Oil Prices | Egypt Oil & Gas - Part 22
Ghana Sending Contradictory Signals Over Oil Prices and Investments
According to Bloomberg Ghana is taking steps to avoid missing its fiscal deficit target this year thanks to pressure from falling oil prices.
Nigeria Feels Squeeze of Oil Price Plunge, Africa Suffers Too
The halving of crude prices has struck at the heart of Nigeria' state finances, reveals Bloomberg, with no facet of the country's oil revenues left unscathed.
IMF Calls on Africa to Cut Fuel Subsidies, Diversify, Exert Fiscal Discipline in Low Oil Price Era
David Robinson, the IMF vice-director, has called on the African nations to adopt a package of policies to better ride out the ill-effects of the collapse of oil prices
Oilfield Expansion Projects Delayed in Saudi Arabia
The planned expansion of the Khurais oilfield in Saudi Arabia has reportedly been delayed beyond the original 2017 schedule
Oil Prices and Saudi Boom and Islamic Finance Cycles
Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, according to data released by the country's state statistics department
Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt
The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company's deepwater ...
Falling Brent Prices Push IOCs to Cut Production in Egypt
The Ministry of Petroleum announced the stabilization of crude oil production at 695,000 b/d during the current fiscal year in the context of foreign partners continuing to reduce their exploration investments.
Saudi Arabia Contemplating Wide-Ranging Cuts Under Price Pressure
Bloomberg has cited anonymous but well placed sources that Saudi Arabia is working with advisers on a review of the country’s capital spending plans to save money.
