Oil | Egypt Oil & Gas - Part 87
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 t...
Petrobras Post-Scandal Leadership Reshuffle
Economist Guido Mantega resigned on 23 March from the Petrobras’ Board of Directors, leaving his position as chairman. At a meeting yesterday, the Petrobras board approved by majority vote the election of Luciano Galv...
Genel Issuing Bonds to Keep Kurdish Projects Afloat
Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond. The bonds were issued at a market price in line wi...
Iran: Must Shelter Industry from Post-Sanction Oil Surge
Iran says it has taken required measures to deal with the impacts of an anticipated surge in revenues should the sanctions against the country are removed as the result of the success in nuclear talks with P5+1 group ...
Oil Service Company Schlumberger Fined More Than $200 Million By US
The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine. The oil w...
Ukraine Update – Oil Tycoon Kolomoisky Fire From Political Post
Ukraine’s president fired powerful tycoon Ihor Kolomoisky as a regional governor on Wednesday in a risky move that could affect the internal balance of power and Kiev’s fight against Moscow-backed separati...
Ukraine Struggles With Gun Control to Protect Oil Industry
Ukraine may cancel gun licenses for some security operators after billionaire Igor Kolomoisky’s private guards took control of the headquarters of the country’s oil pipeline operator last week. “We have to make some t...
East’s Bid to Control Libya Oil Wealth Is Not Looking Promising
Libya’s official government, operating out of hotels in the east after being driven from the capital, is unlikely to succeed in plans announced last week to divert the country’s oil export income away from...
