Oil Prices | Egypt Oil & Gas - Part 31
Lukoil Mulls Withdrawing from Saudi Gas Due to Oil Prices
Lukoil will likely pull out from Saudi Arabia where the economics of its search for gas have been crushed by the collapse of the oil price, three industry sources said.
OPEC Market Share Plans Come Under Fire from Fellow OPEC Members
OPEC is making a mistake by seeking to preserve its share of global crude sales amid a global production glut instead of trimming output to prop up prices, Oman’s oil minister said.
OPEC Should Cut Oil Output, Libya Official Says
OPEC should change course and cut oil supply by 800,000 barrels per day (bpd) or more to prevent an expected return of Iranian exports from weighing on prices, Libya's OPEC governor said.
GCC Feels Oil Price Squeeze, Non-Oil Exports Still Strong
According to the Asiya Investments report, most GCC countries are still delivering high rates of economic growth
Russia Embracing GCC, Islamic Finance After Oil-Gas Revenues Shrink
Eurasian Economic Union and Silk Route are new areas of growth, Russian Business Council chairman says
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
