Oil Prices | Egypt Oil & Gas - Part 36
Iraq Selling Crude to Asia Below Middle East Benchmark
Iraq narrowed the discount for April crude deliveries to Asian buyers by the most since November 2011, joining other Middle East producers in raising official selling prices amid signs demand is improving. Iraq, OPEC’...
Kuwait: Shale Oil Decline Ups Prices, Near Future Still Uncertain
A drop in shale oil production has triggered a rebound of global oil prices, but prices will not rise sharply as long as the world’s economy stays sluggish, Kuwaiti Oil Minister Ali Al-Omair was quoted as saying...
Oil Prices Shift Gulf Arab States to Tech Start-Ups
By day, Farah Al Qaissieh is employed at a government agency in the United Arab Emirates. By night, she works as chief executive officer of her fledging company, Xenia. She got there with help from Abu Dhabi, the rich...
Bahrain to Use MEOS Conference as Platform for Sustainable Energy
Massive projects currently underway will take Bahrain towards sustainable energy security, Energy Minister Dr Abdulhussain Mirza has said. He was speaking at the opening of the 19th Middle East Oil and Gas Show and Co...
Kurdish Government Still Owes Genel $233 million
Genel Energy, one of the main oil producers in Iraqi Kurdistan, said it is still owed $233 million for oil it sold to the Kurdistan Regional Government (KRG) but is hopeful stable payments will start this year. The oi...
ExxonMobil Plans 16 New Oil, Gas Projects
Exxon Mobil Corporation expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017, Rex W. Tillerso...
Crude Price Drop Boon to EnergyTEK Asset Acquisition
EnergyTEK Corp is developing a distressed energy asset acquisition programme to take advantage of low asset prices following the slide in oil price. “The precipitous drop in the price of West Texas Intermediate ...
Kazakhstan-China Oil and Gas MOU Signed
Tethys Kazakhstan SA, a subsidiary of Tethys Petroleum, has signed an MOU with PetroChina International Kazakhstan to explore the feasibility of a long-term and mutually beneficial cooperation in natural gas and crude...
