oil revenue | Egypt Oil & Gas
Genel Energy Receives $8.5 MM from Kurdistan
Genel Energy has announced the receiving of $8.5 million of payment from the Kurdistan Regional Government (KRG) for May’s oil sales, according to a press release. The Taq Taq partners yielded a gross payment of $3.4 ...
Algeria’s New Economic Model to Counter Oil Revenues Slump
OPEC member Algeria adopted a new economic growth model, which is to boost national revenue and decrease dependence on energy exports over the next four year, as part of the North African nation’s efforts to div...
Annual Revenue of Iran’s Petchem Output to Increase by $5.1b
Iran’s Oil Minister, Bijan Zanganeh, announced that the Islamic Republic would commence several petrochemical projects with $5.4b worth of investment by March 21st, 2017. Iranian News Agency SHANA informed that ...
Angola Projects Economic Decline Due to Low Oil Prices
Angola’s Finance Ministry has halved its economic growth forecast for this year and decreased government’s expenditure amid the fall of oil prices which affected the state revenues, Reuters reported. This ...
ISIS Yearly Oil Revenue Halved
The Islamic state’s oil revenue has been cut down in half to about $250m per year as a result to air strikes, drop in oil price, and counter-smuggling efforts by neighboring countries, Reuters reported citing a ...
MENA Oil Exporters Lost Over $340b from Oil Slump
Oil-exporting countries in the Middle East and North Africa (MENA) lost more than $340b in oil revenue from their budgets in 2015, amounting to 20% of their combined gross domestic product, according to the Internatio...
Unveiling the Truth About Nigeria’s Missing Oil Revenue Billions
Just over a year ago President Goodluck Jonathan suspended me from my position as governor of the Central Bank of Nigeria after I questioned an estimated $20bn shortfall in oil revenues due to the treasury from the st...
One of Libya’s Rival Governments Takes Controls of Oil Revenue
One of the two factions battling for control of Libya took steps on Sunday to divert incoming oil revenue away from the central bank and into its own new account, a steep escalation in the contest over the country’s v...Page 1 of 1
