Oil | Egypt Oil & Gas - Part 89
Philippine Government Orders Suspension of Oil Exploration Over Dispute With China
The Philippine government has ordered the suspension of all exploration at an offshore oil and gas field because of an ongoing territorial dispute with China, a Filipino-British company said.
Oil Prices Recover as Netanyahu Speaks to US Against Iranian Deal
Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African n ...
Egypt Revises Debt Payment Plan for Oil Companies
Egypt aims to fully repay its $3.1 billion debt to foreign oil and gas companies by mid-2016, around a year later than previously indicated, according to the oil ministry.
Syria and South Africa Collaborate in Oil and Gas Fields Projects
Damascus - Minister of Petroleum and Mineral Resources Suleiman Abbas and South African ambassador in Damascus Shaun Byneveldt discussed cooperation in the fields of oil, gas and mineral resources' investment.
Official Inquiry Into Alaska Pipeline Leak
JUNEAU, Alaska, Investigators are reviewing the cause of an oil production pipeline breach on Alaska's North Slope where upwards of 4,000 gallons (15,100 liters) of fluid spilled, state officials said on Monday.
Defying Sanctions, Russian Oil Production Steady
MOSCOW, Russian oil output was broadly unchanged in February, at 10.65 million barrels per day (bpd), as a rise in production at smaller producers offset a drop in output from Rosneft and others, Energy Ministry prel ...
Egyptian Investment Minister Expects FDI to Double, Promises Greater Reforms
Egypt expects the amount of foreign investment it attracts to double to $8 billion this fiscal year and is preparing a string of reforms to raise that further in coming years, its investment minister said on Monday.
South Africa’s PetroSA Plans to Lay Off 40% of Workers
South Africa's state oil company PetroSA plans to reduce its workforce by up to 40% because of declining revenues and slow progress on its oil refinery project, Business Day newspaper reported on Monday.
