OPEC Driving US Shale Downturn
The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg
Oil | Egypt Oil & Gas - Part 40
Petroleum Products Imports to Increase to $1.3b/Month
Sources at EGPC revealed that the rise in the dollar value will increase the crude oil and petroleum derivatives import bill to reach $ 1.3b a month in comparison to the previous range of $1.1b-1.2b, reported Al-Mal.
Ghana Revamping Oil and Gas Sector to Up Production
Ghana's Minister of Energy and Petroleum, Emmanuel Armah-Kofi Buah, said his country would relentlessly grow its oil reserves in order to ramp up and sustain oil and gas production
Schlumberger Earnings Fall by Half
Schlumberger ltd, the world’s largest oil services company, said that its Q3 earnings have fallen by 49%,
Circle Oil Prepares for Well Testing in Morocco
Circle Oil, the North African company, informed that the KSR-A well, located within the Ksiri Central production concession of the Sebou permit, onshore Morocco, reached a TD of 1,890 metres MD on 19 September 2015.
Chevron: South Africa Does Not Need a New Refinery
South Africa does not need another oil refinery because the slowing economy has curbed demand and the country has ample petrol production, said Shash Rabbipal, the new chairman at the local unit of Chevron.
Former Nigerian Oil Minister Was Not Detained, Battling Cancer
Nigerian former oil minister Diezani Alison-Madueke, who is under investigation over allegations of bribery and money laundering, has breast cancer and will undergo surgery in Britain.
Russian Oil and Gas Sector Faces Sanctions, Taxes
The Russian oil and gas industry keeps encountering impediments to growth. Oil and Gas Technology
