production costs | Egypt Oil & Gas

Descalzi: Eni Is Keeping Balance by Lowering Costs

In an Interview with Bloomberg, Eni's CEO, Claudio Descalzi, stated that the company is keeping balance by lowering costs to the level of $20 per barrel.

Oil Companies Ponder Exiting Angola Due to Regulatory Costs

A series of measures introduced by Angola’s government in recent years has pushed production costs up as much as $500m annually and the country risks losing investment from foreign oil companies.

Energy Bonds to Boost Iran’s Global Hydrocarbon Potential

Iran’s media revealed that the country plans to sell bonds worth a total of about $1.7 b next year

Kuwaiti Refinery Construction Put on Hold

The start-up of Kuwait's Al Zour crude oil refinery is expected to be delayed after rising construction costs forced state refiner Kuwait National Petroleum Co (KNPC) to seek more money to finance the plant

Long-Term Cyclical Economics Favor Arab Oil Producers, Experts

Low production costs for Middle East companies offer regional players significant competitive advantage in the low price segment of an oil ‘super cycle’, a report said.

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