Oil Prices | Egypt Oil & Gas - Part 32
Speculators Caught Between Energy Glut and Yemen Violence
Speculators were the least bullish on crude in two years before prices surged as Saudi Arabia and its allies bombed rebels in Yemen, threatening supply disruptions in the largest oil-producing region.
Kuwait: Risk Management Key to Surviving Shale and Price Crunch
The drop in oil prices represents a crucial threat to the execution of many mega projects worldwide, Kuwait Petroleum Corporation CEO Nizar Al-Adsani said on Sunday.
Oman Goes from Surplus to Deficit Due to Expenditures & Oil Prices
Oman government posted a budget deficit of OMR360.8 million in 2014, against a surplus of OMR267.4 million in the previous year.
Oil Prices, New Investments Expected to Ameliorate Egypt Deficit
EGYPT’S balance of payments deficit in the first half of fiscal year 2014-2015 increased to $1.9 billion, 150% higher than its level in the corresponding period the previous year
Genel Issuing Bonds to Keep Kurdish Projects Afloat
Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond
Blackstone CEO: Oil Price Slump Creates Opportunities Elsewhere
Blackstone Group LP’s Chairman Stephen Schwarzman is seeing “remarkable” opportunities in debt and equity that are emerging out of the slump in crude oil.
Bombing Yemen Could Threaten Red Sea Oil Transit Choke Point, Experts Say
While Yemen contributes less than 0.2% of global oil output, its location puts it near the center of world energy trade.
Prices, Laws and Inconclusive Results Drive Oil Firms Away from Kurdistan
In light of the current low oil price environment, lack of conclusive well results to date and the limited time remaining in the current period of the Production Sharing Contract (PSC) for the Dinarta licence, Hess a ...
