Oil | Egypt Oil & Gas - Part 68
Bapco Passes Management Audit, Meets International Standards
It was conducted on Bapco’s processes and included interviews with its senior management. BSI lead auditor Colin Rushmere highlighted the best practices applied in Bapco’s different processes and praised i...
Downturn in North Sea Oil and Gas Will Put Scotland Behind UK
Growth in Scotland will lag further behind the UK in coming years as the downturn in the North Sea oil and gas industry takes a heavy toll on the country, economists have predicted. The Ernst & Young Scottish ITEM...
Oil Industry Divided Over Paris Climate Talks
One scene stands out more than any other from the Opec International Energy Seminar last week, which attracted the cream of the global oil industry’s executive leadership. When the audience of well over 300 delegates,...
Nigeria Could Increase Oil Output With Funding Reforms
Nigeria can boost its oil and gas production by changing the way capital investments are funded in its joint ventures with energy companies, according to Seplat Petroleum Development Co. State-owned Nigerian National ...
Oil Prices Fall as OPEC Keeps Production Unchanged
Crude oil prices fell in early Asian trading on Monday as markets were expected to be increasingly oversupplied following OPEC’s decision last Friday to keep its production targets unchanged. The Organization of...
Libya’s AGOCO Producing up to 290,000 b/d
Eastern Libyan state oil firm AGOCO is producing 250,000 to 290,000 barrels per day (bpd), a company spokesman said on Sunday, unchanged from recent weeks. On Monday, a tanker will lift one million barrels of crude at...
Brazil Oil Regulator Eases Fines on Producers to Improve Development
Brazil’s oil regulator plans to ease future fines for producers who fail to meet strict local-content guidelines as the country seeks to accelerate development of offshore oil and gas resources. The first set of chang...
Fighting in South Sudan Escalates in Oil States
Fighting between rebels and government forces in South Sudan’s oil-producing states intensified, the army said before the two sides meet on Monday for peace talks. Rebels attacked non-producing oil fields north of the...
