Oil Prices | Egypt Oil & Gas - Part 32
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
Oil Prices Gyrate with Ups and Downs of Iran Nuclear Deal
Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on Tehran's nuclear program that could end Western sanctions and allow the OPEC member to ship more crud ...
Angola Is Among Biggest Losers of Low Oil Prices
Plunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In energy-reliant countries around the world like Angola, however, the effect has been far less be ...
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.
