Oil Prices | Egypt Oil & Gas - Part 29
Qatar Milaha Riding Stormy Seas of Oil Profits, Prices
Qatar Navigation (Milaha) warned of a challenging 2015 as conditions in its offshore business remained weak and its investment business was exposed to instability in local equity markets.
Venezuela Teaming Up with Foreign Partners to Target US Market, Oil Prices
Algeria's Sonatrach and Venezuela's PDVSA would target the US as a market for the two countries' potential new blend of crude oil, a source at the state-owned Algeria company said Monday
Global Demand Responsible for Saudi Over-Production, Official Says
Saudi Arabia's high crude oil production policy is based on the status of global demand and the top oil exporter is keen to maintain its market share, the kingdom's deputy oil minister said on Monday.
BP Balancing Act Maintains Profits in Face of Oil Price Plunge
BP Plc, Europe’s second-biggest oil company, reported first-quarter profit that beat analysts’ estimates as earnings from refining and trading offset lower crude prices.
Shale and Oil Majors Feel Pinch of Oil Prices, Say Analysts
Oil majors may need deeper cuts to oil and gas exploration and production spending as they grapple with an extended period of low crude prices.
Oil Prices, Brain Drain Catch Up with GCC Consulting Market
The GCC consulting market grew by more than 15% to $2.5 billion in 2014.
Hedge Funds Feel After Effects of Yemen Conflict
The June ICE Brent/NYMEX WTI spread settled $1.02 wider at $8.13/barrel Friday after hitting a one-month high early in the session amid ongoing fighting in Yemen and bearish supply pressure in the US.
Payrolls, Hiring Expand in Middle East Despite Global Oil Slump
Recruitment of new employees for oil and gas companies outside the Gulf region has slowed down, but businesses in the UAE and the rest of the Middle East continue to push forward with hiring, a new report reveals.
