Oil | Egypt Oil & Gas - Part 84
Libya´s Two Largets Oil Ports To Open Soon
Libya´s two biggest oil ports, Ras Lanuf and Es Sider, will be able to open once security checks are made as forces backing the country's rival government have left the area after months of fighting, a National Oil ...
US Shale Oil Producers Struggle with Financing
Lenders are preparing to cut the credit lines to a group of junk-rated U.S. shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, accordi ...
Exploration and Productions Drops to Record Low in Nigeria
Nigeria’s oil and gas sector faces low exploration and drilling activities, with only two companies currently engaged in activities, revealed the Nigerian National Petroleum Corporation (NNPC).
Harvest Natural Resources Inc to Seek Funding After Venezuela Asset Sale Blocked
Harvest Natural Resources Inc. is seeking to raise cash to fund operations after Venezuela blocked the sale of its remaining oil assets in the country.
Oil Subsidies Fall to EGP 44.7 Bn in First Half of Fiscal Year
According to a statement by the Ministry of Finance Egypt’s fuel subsidy bill for the first half of the 2014/2015 fiscal year fell to 44.7 billion EGP ($5.85 billion) in comparison to 64.5 bn from the previous year, ...
Big Oil on Shaky Ground Compared to Mining Industry
When the going gets tough, the tough want cash flow. In the resources sector, investors are more likely to find that in mining than in oil and gas.
Hi-tech and Big Data Steps Into the U.S. Oil Industry
With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies ...
Petrobras Post-Scandal Leadership Reshuffle
Economist Guido Mantega resigned on 23 March from the Petrobras’ Board of Directors, leaving his position as chairman
