reform

  • El Molla Met with the CEO of GACIC

    El Molla Met with the CEO of GACIC

    Monday, 24th April 2017
    Tarek El Molla met with German-Arab Chamber of Industry and Commerce (GACIC)'s CEO, Andreas Hergenröther .
  • Oil Expert: IMF Loan is a Trap

    Oil Expert: IMF Loan is a Trap

    Monday, 8th August 2016
    'The International Monetary Fund (IMF) is a trap meant to drown Egypt in foreign loans and if Egypt accepts it, the country may soon declare bankruptcy,' said Ibrahim Zahran, a petroleum expert, in an exclusive interview with Egypt Oil&Gas.
  • EGAS, MEDREG Discuss Gas Sector Reform

    EGAS, MEDREG Discuss Gas Sector Reform

    Sunday, 10th April 2016
    The association of Mediterranean Energy Regulators (MEDREG) stated it was committed to supporting the development of competitive and transparent gas market in Egypt as the country has been facing major challenges, and long term solutions for the gas sector reform are to be implemented.
  • Low Oil Prices May Spur Reform in Angola

    Low Oil Prices May Spur Reform in Angola

    Wednesday, 27th January 2016
    Low oil prices has pushed the Angolan government to move forward with a reform in private investment and public services, but the process seems to be moving slowly.
  • Sherif Ismail Meets with Industry Heads, Outlines Reformist Agenda

    Sherif Ismail Meets with Industry Heads, Outlines Reformist Agenda

    Monday, 24th August 2015
    Sherif Ismail, Minister of Petroleum and Mineral Resources, met yesterday with the First Undersecretary of the Ministry as well as other oil sector heads to determine the course they would take in this current stage.
  • Oman Bolstering Oil Profits Through Subsidy Reforms

    Oman Bolstering Oil Profits Through Subsidy Reforms

    Thursday, 9th July 2015
    The government reduced subsidies by 47.9% in the first three months of 2015
  • Oil Subsidies Fall to EGP 44.7 Bn in First Half of Fiscal Year

    Oil Subsidies Fall to EGP 44.7 Bn in First Half of Fiscal Year

    Tuesday, 31st March 2015
    According to a statement by the Ministry of Finance Egypt’s fuel subsidy bill for the first half of the 2014/2015 fiscal year fell to 44.7 billion EGP ($5.85 billion) in comparison to 64.5 bn from the previous year, reported Reuters.
  • Saudi Calls for Energy Subsidies Reform

    Saudi Calls for Energy Subsidies Reform

    Monday, 9th February 2015
    Saudi Arabia's central bank governor called for reforms to the country's lavish system of energy and water subsidies, which drain billions of dollars from the state budget and encourage waste by keeping down prices for consumers.
  • Egypt Considers Cutting Fuel Subsidies by a Further EGP 20 Billion

    Egypt Considers Cutting Fuel Subsidies by a Further EGP 20 Billion

    Monday, 2nd February 2015
    Egypt is considering whether to reduce fuel subsidies by EGP 20 billion ($2.64 billion) next fiscal year, but it needs to study the social implications before reaching a decision, the investment minister said on Thursday.