Oil | Egypt Oil & Gas - Part 94
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. More than 90 percent of the country&#...
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. The Islamic Republic is in talks with the US and the Europeans ...
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. That was the message delivered by Dr. James Mataragio, d...
$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. The Arab Petroleum Investments Cor...
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 ...
Oil Gas Security Summit Planned for May
The regional security consideration for the oil and gas industry will be the focus of a summit set to take place in Dubai, UAE, in May. The fourth Gulf and Middle East Oil and Gas Security Summit will take place on Ma...
Petrobras CEO Resigns
Maria das Gracas Foster, chief executive officer of Petrobras since 2012, has resigned along with five other senior executives. The Petrobras board will meet on Feb. 6 to elect new senior executives, according to Reu...
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. Reuters reported on Monday that the purc...
