Oil | Egypt Oil & Gas - Part 60
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 ...
ENOC Share Purchasing of Dragon Oil Continues Unabated
Emirates National Oil Company (ENOC) is progressing with its 1.7 billion pound purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.
Tullow Oil Eases Pressure with Upgrade to Output
Oil and gas producer Tullow Oil has raised its full-year production guidance after its flagship West African oil fields produced more than expected, lifting its shares more than 5 percent.
