Oil | Egypt Oil & Gas - Part 78
French GDF Suez Revamps itself Under New ‘Energy’ Label
French gas utility GDF Suez said on Friday it was changing its name to "Engie" to reflect an evolving energy sector and the group's growing involvement in renewable power, marking a break from its former state monopo ...
Buhari To Release Full Audit on Nigerian State Oil Company
Nigerian President-elect Muhammadu Buhari’s administration will publish the full audit of the state oil company and expects it will need to repay the government more than previously recommended, his party’s policy di ...
Fracking Update: Clean Geothermal Power from Water Waste
Oil fracking companies seeking to improve their image and pull in a little extra cash are turning their waste water into clean geothermal power.
Rival Government Continues to Receive Oil Revenue in Libya
Libya's official government has so far failed to sell oil on its own via an account and middlemen in Dubai, as customers continue to buy crude directly from a state oil firm under the control of a rival government, o ...
Brazil’s Petrobras Says Scandal Cost Company Over $2Bn
Brazil’s national oil company said a graft scandal cost it 6.2 billion reais ($2.1 billion) after a five-month internal debate that shut off access to bond markets, cost the chief executive her job and destabilized t ...
Canadian Banks Liable to US Shale Producers After Plunging Oil Prices
Canada’s biggest banks are on the hook for at least $478 million of the $26 billion owed to U.S. oil and gas firms that bought protection against plunging crude prices.
Argentina’s YPF to Ask for Russian Help in Exploiting Country’s Shale
YPF and Russia's powerful Gazprom International are expected to conclude a Memorandum of Understanding (MOU) during Galuccio’s visit to Moscow.
Oil Production From Major US Shale Fields Increases 1% Over February
Oil production from key shale formations in North Dakota and Texas increased by 17,000 barrels per day (b/d), or 1%, in March versus February, according to Bentek Energy, an analytics and forecasting unit of Platts, ...
