Oil | Egypt Oil & Gas - Part 59
Mozambique in Good Shape But Must Keep an Eye on State Firms: IMF
Strong economic growth in Mozambique is supported by major investments in the coal mining and natural gas sectors but stricter control over state-run firms is necessary, the International Monetary Fund said on Thursday.
BP Pays $18.7bn in Gulf Oil Spill Claims
BP Plc reached a record $18.7 billion agreement to settle all federal and state claims from the 2010 Deepwater Horizon oil spill after an abrupt strategy shift in May to re-open talks, three people close to the matte ...
Shell to Begin Drilling in the Arctic Within Weeks
Oil and gas giant Shell is expected to begin drilling for oil in the Arctic within the next two weeks.
Algeria’s Q1 Oil and Gas Output Decreases 6 Percent
Algeria's oil and natural gas output fell by 6 percent in the first quarter of 2015 from a year earlier despite an increase in investment, state radio reported on Wednesday citing the energy ministry.
Nigeria’s Total Debt Rises to 12.1 Trillion Naira
Nigeria's total debt rose to 12.1 trillion naira ($60.8 billion) as of March 2015, up from 11.2 trillion naira at the end of December 2014, the Debt Management Office (DMO) said.
Uganda shortlists 17 firms for bidding on exploration blocks
The Ugandan government said on Wednesday it had shortlisted 17 oil companies to bid for six exploration blocks in the east African nation, which has found commercial quantities of oil and aims to pump crude in 2018.
Shell Fined for Diesel Leak on North Sea Platform
Oil giant Shell has been fined thousands of pounds after a diesel leak on board a North Sea platform.
Venezuela Oil Refinery Faces Challenges
At Amuay, this oil-rich country’s largest refinery, workers say they risk toxic-gas exposure as they wait for Petróleos de Venezuela SA, the state energy giant, to replace rusted pumps and corroded pipelines, a proce ...
