Oil Prices | Egypt Oil & Gas - Part 23
Daniel Yergin to Talk at Largest Ever Adipec Conference
Energy expert Daniel Yergin will deliver the keynote address at The Abu Dhabi International Petroleum Exhibition and Conference (Adipec)
GCC VAT Moves Delayed but UAE Forging Ahead
“An immediate announcement will be made once a final agreement on imposing a VAT law is reached,” said the UAE's Finance Ministry in a statement
Kuwait Expanding Power Projects, Renewables, Amidst Oil Price Pressures
The Kuwaiti Finance Ministry has approved the construction of a series of projects worth $9.9 b including power plants and desalination facilities and other infrastructure projects
Taqa Layoffs Still Not Enough to Stem Sliding Profits
According to Bloomberg Abu Dhabi’s Taqa has had to lay off 22% of its oil and gas jobs over the past year, with spending to be cut by 2.5 billion dirhams ($681 million) this year after.
Iran Paves the Way for New Model Contract With $2.2B Deal
In addition to unveiling its new contract model at a conference in London slotted for December, according to Bloomberg Iran has also intends to advertise 45 oil and gas projects to international companies at the said ...
Oil Price Crunch May Force Reform of Gulf Arab Oil Finances
A Standard & Poor’s Rating Services report cited by Gulf News warned that low oil prices will adversely affect the banking sector in the Gulf Arab states.
Saudi Spending Spree Unabated by Oil Prices, Argue Some
There are conflicting reports emerging over the financial state of the kingdom of Saudi Arabia thanks to Brent price of oil sinking to below $50 a barrel.
Nigeria to Shift Gears to Agriculture in Fight Against Oil Corruption
Nigeria’s democratically elected President Muhammadu Buhari plans to split the Nigerian National Petroleum Corp. in two, creating a regulator and a vehicle for investments, said Femi Adesina, a presidential spokesman ...
