Oil | Egypt Oil & Gas - Part 93

Libya Risks Facing Bankruptcy as Oil Prices fall

Rome: The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if its oil output and prices on international markets continue to fall. financial assets if the situation d ...

Reinventing Nigeria’s Oil Dependency

As Nigerians prepare for presidential elections, the armed group Boko Haram, corruption and falling oil prices are some of the issues worrying Africa's most populous nation.

Iran: Oil Companies Eager for Lifting Sanctions

Minister of Petroleum Bijan Namdar Zangeneh says foreign energy companies are waiting to pounce on Iran’s oil and gas projects once sanctions are lifted.

Tanzania Provides E&P Opportunities To Businesses

FLORENCE, ITALY—Tanzania’s oil and gas sector is open for business and following a raft of offshore gas discoveries in the past few years, opportunities abound.

$755 Billion for MENA Energy Projects

The Middle East and North Africa (MENA) countries are set to invest about $755 billion in energy projects over the next five years despite plunging oil prices, according to a report.

Stateoil Embroiled in Iran Bribery Case

An Iranian lawmaker says Norway's largest oil producer Statoil ASA had bribed the son of former Iranian President Akbar Hashemi Rafsanjani to secure a contract on the development of a giant oil and gas field in Iran.

Oil Gas Security Summit Planned for May

The fourth Gulf and Middle East Oil and Gas Security Summit will take place on May 18 and 19, under the Chatham House Rule and with no media present.

Petrobras CEO Resigns

Maria das Gracas Foster, chief executive officer of Petroleo Brasileiro SA (Petrobras) since 2012, has resigned along with five other senior executives.

Iraq Displaces Iran as India Supplier

India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has replaced Iran with Iraq in its list of oil suppliers and has purchased its first cargo of Basra Light from Baghdad.

Cape Three Points Offshore Ghana Development Underway

MILAN, Italy -- Eni, Vitol, and Ghana National Petroleum Corp. (GNPC), along with the President of the Republic of Ghana John Dramani Mahama and the Minister of Petroleum Emmanuel Armah-Kofi Buah, have signed an agre ...

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