Oil | Egypt Oil & Gas - Part 65
US Overtakes Russia as Biggest Oil, Natural Gas Producer
The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
Venezuela Demands Guyana Stop Oil Exploration in Disputed Territory
Venezuela's President Nicolas Maduro demanded on Tuesday that neighbouring Guyana stop oil exploration in a disputed offshore territory.
Canada’s Crude Oil Output to Grow at Slower Pace Than Previously Forecasted
Canada’s crude oil output will continue to grow over the long term but at a slower pace than previously projected, reflecting many project postponements resulting from the slump in oil prices, the country’s main ener ...
Oil Prices Rally on Chinese Stimulus Hopes
Oil prices rallied on Tuesday, aided by hopes of Chinese stimulus, helping to offset concerns about high supplies, traders said.
Sudan Chooses New Foreign Minister to Strengthen U.S. Ties
Sudanese President Umar al-Bashir chose a new foreign minister after vowing to improve relations with Europe and the U.S., which has sanctioned the country for more than 15 years over allegations it sponsors terrorism.
US Companies With Low Cost Oil Set to Become Main Focus
“When something on this scale happens, every board asks: ‘What do we do?’ And they call in their M&A advisers and ask them the same question.”
Tunisia Addresses Management of Natural Resources
In response to some questions of MPs, Friday, Prime Minister Habib Essid said the controversy over the reality of Tunisia's natural resources, particularly oil, has taken on broader dimensions, noting that the govern ...
Export Wrangles Stifling Kurdish Oil Prospects
Oil producers in Iraqi Kurdistan will have to close operations if they don’t receive agreed export payments, according to the regional authorities.
