Oil Prices | Egypt Oil & Gas - Part 31
BP Oman Khazzan Project Continues Despite Global Cutbacks
BP Oman will complete 16 wells in the Khazzan tight gas field and will have at least nine rigs in operation by the end of this year
Third Tank World Expo to be Hosted in Dubai, April 13-14
International industry leaders will come together in Dubai this month to debate the increasingly critical issue of global oil storage and its impacts on the Middle East oil and gas industry, as countries around the w ...
Drills and Capex Sacrificed by KMG EP Due to Oil Prices
KazMunaiGas Exploration Production (KMG EP) has been forced to slash its 2015 capex spending and reduce its planned development drilling by 78 wells because of the low oil price environment
Petroleum Ministry: MIDOR’s 2014 Results Endorsed
Sherif Ismail, Minister of Petroleum and Mineral Resources, headed the proceedings of (Middle East Oil Refinery) MIDOR’s General Assembly to endorse its 2014 results.
Qatar Riding Out Oil Price Slump Better Than Rest of GCC
Recently released stats expose the effects of the plunge in oil prices on the fiscal systems of the Gulf Cooperation Council (GCC) economies. However, it is fair to claim that the Gulf countries at large are demonstr ...
Oil Prices Narrowing UAE Profit Margins for All Sectors
Mubadala, an Abu Dhabi state-owned fund with a mandate to develop the emirate's economy, on Thursday said its 2014 net profit fell 28.7% due to lower income from financial investments and impairments on oil and gas a ...
Gazprom Reports Huge Loss
OAO Gazprom, the world’s biggest natural gas producer, said its 2014 earnings used to calculate dividends fell 70 percent because of a foreign currency loss.
Bahrain Studying Budget Thanks to Oil Prices, Redirecting Subsidies
A comprehensive study on overhauling the subsidy system is currently underway at Cabinet level in Bahrain
