Oil | Egypt Oil & Gas - Part 64
Ukraine Seeks Deal on Gas Price with Russia in Next 2 Weeks
Ukraine hopes that the price for the third quarter will be lower, Demchishin said in an interview to Ukraine’s Channel 5.
New ‘Megareserve’ Off Brazilian Coast All Gov’t Owned
The National Petroluem Agency (ANP) of Brazil found another “megareserve” in the Atlantic, this one off the coast of Sao Paulo. It is believed to big as large as the so-called Lula oil field, which holds between fiv ...
Shell Looks to Leave Ukraine Amid Continued Violence
Royal Dutch Shell has been considering ending its partnership with a Ukrainian energy company in a shale gas exploration venture in eastern Ukraine because of the fighting in the region and prospect of little profit ...
Angola President Seeks More Non-Oil Deals with China
On a six-day trip to China that ends tomorrow, Angola’s President Jose Eduardo Dos Santos has pushed to broaden his nation’s relationship with China beyond a dependence on oil.
BP Ranks Iran Over Russia in Gas, but Still Needs $100 Bn Investments
Iran says it needs $100 billion of investment in its gas industry as updated BP data put the energy superpower’s reserves above those of Russia as the world’s largest.
Rebound in North Sea Oil Fuels UK GDP Growth
A rebound in North Sea oil production in the three months to May helped the UK double its growth rate to 0.6% from the first quarter of the year, handing the Treasury a much-needed boost.
Eastern Europe Basks in a Recovery Fuelled by Oil
Sandwiched between a stuttering eurozone and a recession-ridden Russia and Ukraine, and with the troubled Turkey and Greece to their south, eastern Europe’s economies might not seem, in a literal sense, to be in a go ...
Islamic State Approaches Libya’s Oil Ports as UN Seeks Accord
Islamic State strengthened its hold in central Libya, seizing territory near the country’s largest oil terminal, as the United Nations warned that time is running out on its efforts to broker a deal among warring fac ...
