Oil | Egypt Oil & Gas - Part 44
Mauritania Seeks to Develop Partnership with China
Mauritania, one of Africa’s poorest countries and newest oil producer, looks forward to developing its economic relations and partnership with China, a major world economic power.
Iran Drawing in French Oil and Non-Oil Investments
Rokneddin Javadi, Iran’s deputy petroleum minister, announced that Tehran welcomes expansion of energy cooperation with the French oil giant Total,
Angola’s Oil Production Goal for 2016 ‘Overly Optimistic’
Angola is unlikely to produce 2 million barrels of oil per day in 2016, said the office of economic and financial studies of the Portuguese bank BPI, adding that this is “an overly optimistic goal."
Nigeria’s Oil Firm NNPC Secures Funding for 36 Wells
Nigeria’s oil firm NNPC had signed a deal with a consortium of local and foreign lenders to develop 36 oil wells that would also boost domestic power generation in Africa’s largest crude producer.
South Africa to Build a Refinery for Iranian Crude
South Africa plans to build an oil refinery which will use Iranian crude, Deputy Oil Minister Thembisile Majola says.
Russia May Raise Oil Taxes
The Russian government, facing budget deficits due to low oil prices, may restructure taxes on crude to make up for the shortfall, Bloomberg
Egypt’s Petroleum Minister: Foreign Partner’s Monthly Oil, Gas Shares Declined by 26%
New Minister of Petroleum and Mineral Resources Tarek El Molla said that the value of foreign partners’ share of oil and gas declined by 26% from $880m in FY 2014/2015 to reach $650m per month during current FY 2015/ ...
Tarek El-Molla to be Egypt’s New Petroleum Minister
Tarek El-Molla has been appointed as the new Minister of Petroleum of Egypt, Egypt Oil & Gas has learned.
