Oil | Egypt Oil & Gas - Part 72
Decade Old Gulf of Mexico Oil Leak Could Continue for Another Century
A decade-old oil leak where an offshore platform toppled during a hurricane could continue spilling crude into the Gulf of Mexico for a century or more if left unchecked, according to government estimates obtained by ...
Canada Pledges New Regulations on Oil, Gas Emissions
Canada has pledged to cut greenhouse-gas emissions by about a third by 2030, partly by introducing new regulations on its oil and gas sector. Renewed Drilling Plans Near BP Oil Spill Epicenter Spark Concern
Just 3 miles from the catastrophic BP spill in the Gulf of Mexico, a Louisiana company is seeking to unlock the same oil and natural gas that turned into a deadly disaster. Venezuela Pushes for New Deal with OPEC, Non-OPEC Nations
Venezuela is pushing for a new agreement between OPEC and non-OPEC nations to stabilize oil prices, President Nicolas Maduro said on Friday, in the most serious indication yet of a renewed drive to boost prices back ...
Africa Suffers from Rising Oil and Weaker Currencies
Several African countries are suffering this year from a double-whammy of higher oil prices and weakening currencies, with Ghana and parts of eastern Africa taking the hardest knock from the surge in inflation.
Marathon Oil Seeks Bids for Onshore East Africa Stakes
Marathon Oil Corp is seeking bids for its interest in four onshore exploration blocks in East Africa as the oil and gas company focuses on drilling in U.S. shale formations, its advisor on the sale said on Friday.
Anadarko Partners with Oil Firm to Build LNG Plant
Anadarko Petroleum Corp. is poised to select a construction team led by Chicago Bridge & Iron Co. as its main contractor for a potential $15 billion Mozambique liquefied natural gas project, according to people famil ...
Egypt to Boost Coal Production Despite Un-need
Energy experts said Egypt loses 20% of its electricity energy due to poor and old networks, in addition to a lack of oil and natural gas supplies. Egypt currently suffers from a major energy crisis due to the increas ...
