Oil Prices | Egypt Oil & Gas - Part 24

Angolan Maritime Oil Sector Reaching Out to China and UK

British oil company Ceona has established a “strategic partnership” with Interoil Angola, the company said in a statement on its website,

VAT May Follow Gulf Fuel Subsidy Reforms

Value added tax (VAT) is being actively considered in many GCC countries and Egypt

Kuwait to Spend $11.5 Bn to Build Middle East’s Largest Refinery

Kuwait National Petroleum Co (KNPC) awarded 3.48 billion dinars ($11.5 billion) worth of contracts on Tuesday to build the al-Zour oil refinery,

UAE May Lead the Way for GCC States over Diesel Reforms

The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright.

Low Oil Prices Threaten UAE Budget Crunch

The government of the United Arab Emirates is expected to cut spending by 4.2% this year as it begins to retrench because of low oil prices

Iran Nuke Deal Reached, Governments and Corporations Measure Ramifications

Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations ...

Iran’s Tentitave Moves into the Shale Era

Iran has found possible oil shales in southeast Kerman and northern Semnan as the country is trying to figure out an estimate of its unconventional hydrocarbon reserves.

Financial Fine Tuning Called for to Ride Out Oil Price Waves

With oil prices slowly recovering from the dramatic fall last summer, chief financial officers (CFOs) working in the sector can galvanise the finance function in the fight to future-proof their business

Post-Sanction Iran May Push Russian Oil Out of the Way

In Iran’s push for a nuclear deal, it’s had few better allies than Moscow

IPIC Profits Gyrate Due to Low Oil Prices

Abu Dhabi's state-owned International Petroleum Investment Co (IPIC) reported on Wednesday a 37% drop in net attributable profit for 2014 as low oil prices hurt earnings.

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