Oil | Egypt Oil & Gas - Part 86
African Oil Producers Seek to Cut Production
The African Petroleum Producers Association, which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally. The group also includes the continent’s biggest producers, Nig...
GPC Announces Oil Discovery in Egypt’s Western Desert
Tahrir al- Zafzaf, Chairman of the GPC, announced last Friday a discovery in the Abu Senan area in the western desert. Excavation began in the area last January according to Zafzaf, “Recoverable reserves of this explo...
Qatar Hosts Investment Event in Tokyo, Japan
Doha Bank hosted a knowledge sharing session “Opportunities in Qatar” at Mandarin Oriental Tokyo, Tokyo on 3rd April 2015. The key dignitaries who participated in the event include H.E. Hassan Al-Hemaidi, ...
Press Release: Current Production Numbers for GANOPE
Upper Egypt has recently witnessed increasing oil and gas activities, with many projects in E&P, refining, distribution, and natural gas. As a continuation of our efforts over the past 11 years of the company̵...
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 ...
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, accordin...
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). The fall in exploration...
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. Harvest, based in Houston, is seeking to raise funds in debt or e...
