Oil | Egypt Oil & Gas - Part 64
Libya Discusses Power-Sharing Deal
Libya’s two main rival factions restarted U.N.-backed peace talks in Morocco on Friday with negotiations at a crucial stage over a power-sharing proposal that negotiators call the best chance for peace. Four yea...
Oil Barons Charity Ball Tops Dubai Events
The Oil Barons Charity Ball, a popular charity event in the Middle East region, which raised more than $200,000 this year, has been named the ‘Best Special Event’ at the Middle East Event Awards held in Dubai, UAE rec...
Argentine Judge Orders Embargo on Companies Exploring Falklands Oil
An Argentine federal judge has ordered an embargo on some $156 million owned by companies exploring for oil off the Falklands Islands, over which Argentina claims sovereignty. She also has ordered them to stop their e...
China Moves Oil Rig Closer to Vietnam’s Coast, Pushes Conflict
China has moved an oil rig at the center of last year’s violent dispute with Vietnam closer to Vietnam’s coast in the disputed South China Sea, just weeks ahead of the first visit by a chief of VietnamR...
Exxon to Continue Search for Guyana Oil Despite Venezuela’s Disputes
Exxon Mobil Corporation (NYSE:XOM) recently discovered oil off Guyana’s coast but the country is involved in a land dispute with Venezuela, which can potentially disrupt the oil major’s exploration activities. In 1899...
Liberia President Vows Reform of State Oil Company
Liberian President Ellen Johnson Sirleaf has promised a management shake-up at the national oil company, which is on the verge of bankruptcy after failed attempts to lease four offshore oil blocks last year, Front Pag...
Baker Hughes Claims Decline in US Weekly Oil Rig Count
Energy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered after falling 60 per...
Nigerian President Dissolves Board of NNPC
Nigeria’s new President Muhammadu Buhari dissolved the board of the state-owned oil company on Friday as a first step in cleaning up the sector in Africa’s biggest crude producer. Inaugurated on May 29, Bu...
