Oil | Egypt Oil & Gas - Part 61
Nigeria’s APC States Government Must Scrap Oil-Industry Bill
Nigeria’s ruling party recommended the government discard a long-delayed oil-industry bill, review fuel subsidies and sell off some units of the state petroleum company.
Nigeria’s Oil Company Kept Most of Oil Revenue
Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council (NEC) said on Monday.
Fall in Crude Prices Causes Sales to Drop in US
Share sales by US oil and gas companies have slowed sharply in recent months, in a sign of the tightening financial pressures on the industry following the fall in crude prices.
Oil Hits New Low as Greece Fails to Reach Euro Deal
Oil dropped to a three-week low amid concern Greece’s failure to reach a deal with international creditors will prompt its exit from the euro area.
Thailand Denies Reports of Thai Canal, Contemplates Oil Pipeline
A deputy prime minister of Thailand has denied reports that Bangkok and Beijing have reached an agreement to develop the Thai Canal across the Kra isthmus, calling the project "stupid" and revealing that the country ...
Dominovas Energy Achieves Historic Partnership With U.S. Government
Dominovas Energy Corporation announces a historic partnership with the United States government. Dominovas Energy Corporation, via the deployment of its modular, off-grid RUBICON™ Solid Oxide Fuel Cell systems, has b ...
Nigeria Relaxes Grip on Gas Prices to Increase Power-Plant Supply
Nigeria’s energy regulator said it’s prepared to approve higher prices for natural-gas supply to ensure increased deliveries to the nation’s ailing power plants.
Fuel Shortages to Hit Nigeria Says Seplat CEO
Nigeria will probably be hit by fuel shortages in three weeks as the government doesn’t have enough money to pay for gasoline subsidies, according to the head of Seplat Petroleum Development Co Plc.
