Crude Investors Flee to Safety after Brexit

• Sunday, 26th June 2016
• by Egypt Oil & Gas

The UK’s surprising vote for Brexit has brought a new level of uncertainty into the markets. Shortly after the UK has voted to leave the European Union, the investors started withdrawing from the international oil and...

Italian Referendum Fails to Restrict Offshore Drilling

• Sunday, 17th April 2016
• by Egypt Oil & Gas

Oil and gas producers in 26 areas offshore Italy will be able to drill until their fields run dry, after a referendum failed to draw enough voters to re-instate a deadline on the concessions, Politico EU reported. The...

Italy to Hold Referendum on Offshore Drilling

• Tuesday, 23rd February 2016
• by Egypt Oil & Gas

Italy’s Constitutional Court gave the green light to a national referendum on the duration of oil and gas drilling concessions in the country, which is to be held on 17th April, muddying the waters for companies...

Catholic Church in South Africa Urges for Nuclear Referendum

• Sunday, 3rd January 2016
• by Egypt Oil & Gas

The Roman Catholic Church in South Africa has urged the government to suspend its nuclear power procurement plans until a referendum on the issue is held, referring to implicated economic and safety risks, according t...