Oil | Egypt Oil & Gas - Part 45

Indonesia to rejoin OPEC

Indonesia said it’s preparing to rejoin OPEC, Reuters reported.

South Sudan Struggling with Oil Revenues and Cooperation

South Sudan's parliament passed a budget for 2015/2016 on Tuesday

ConocoPhillips Announces 10% Workforce Layoffs

Oil major ConocoPhillips announced that it would be cutting around 1,800 jobs, reported< ...

Kuwait Petroleum Corporation to Establish Office in Egypt

The Kuwait Petroleum Corporation (KPC) will establish an office in Egypt as part of an agreement.

North Sudan Announces Oil Partnership with Chinese Firms

China recently announced the signing of new oil contracts with North Sudan to expand the areas of the country under exploration, reporte ...

Saudi Solar Bids, Projects Run Up Against Bureaucratic Resistance,

Sources told Reuters that Saudi Arabia's plan to issue bids for its first solar power projects, announced in 2013, has been postponed.

Sasol Riding South African Gas Procurement Wave

South Africa's government is planning to launch a gas-to-power procurement programme in September, with bids expected in the first quarter of 2016

Egypt Pays $600m of IOC Debt

In an interview with Daily News Egypt, Tarek El-Molla confirmed the reduction of Egypt's debt to foreign oil companies to the current $2.9b.

Lekoil Announces First Oil from Otakikpo in Nigeria

Lekoil has confirmed that the Otakikpo field, a shoreline location in Nigeria, has achieved its first oil.

Obstacles Persist to Arctic Drilling

There are serious obstacles still confronting Arctic drilling, stated ...

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