Oil Prices | Egypt Oil & Gas - Part 24
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 ...
GCC States Keen on Wage and Financial Reforms in Low Price Era
According to Trade Arabia Kuwait is embarking on public sector wage reforms, with a bill awaiting National Assembly approval
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 ...
