Oil | Egypt Oil & Gas - Part 81
Azerbaijan Reports Oil Production Increase for Q1 of 2015
Crude oil and condensate production in Azerbaijan rose to 10.6 million tonnes in the first quarter of 2015 from 10.4 million tonnes in the same period last year, a source at the State Statistics Committee said on Mon ...
IMF and World Bank to Consider Effects of Low Oil Prices
One of the big factors in considering ways to reduce poverty around the world is the availability and cost of energy.
Brazil Reconsidering Role of Foreign Firms in Deepwater
There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer grapples with the industry’s biggest debt load and funding co ...
OPEC Should Cut Oil Output, Libya Official Says
OPEC should change course and cut oil supply by 800,000 barrels per day (bpd) or more to prevent an expected return of Iranian exports from weighing on prices, Libya's OPEC governor said.
Unplaced Nigerian Crude Expected to Flow to Europe
A glut of unplaced Nigerian crude is expected to flow to Europe hoping to find end user demand after weak buying from Asia for Nigerian and West African light sweet crudes over the past month has left a large overhan ...
ExxonMobil Looks at Mergers and Acquisitions
US major has motive and firepower to gatecrash Shell’s bid for BG or swoop on other explorers
Islamic Finance, Iran Oil Bracing for Post-Sanctions Era
Few people are likely to be counting on a successful conclusion to Iran’s nuclear agreement more than the country’s bankers.
Automation Lessons for Kuwaiti Oil from Emerson
Leading automation and technology services company Emerson Process Management recently signed a Memorandum of Understanding (MOU) with Kuwait Oil Company (KOC) to help develop the technical expertise of KOC's operati ...
