Buhari Advised to Overhaul Nigerian Oil Sector

• Wednesday, 8th July 2015
• by Egypt Oil & Gas

Advisors to Nigerian President Muhammadu Buhari have recommended a root and branch overhaul of Africa's biggest oil industry and increased borrowing to help pay off $20 billion of government arrears, a reform proposa ...

Bahrain Four-Year Action Plan to Reform Subsidies

• Tuesday, 5th May 2015
• by Egypt Oil & Gas

Subsidy cuts are set to hit wealthy expatriates and companies first under proposals being considered following the Bahrain Cabinet's approval of the new national budget yesterday (May 4).

China’s Petroleum Leadership, Target of Sector Reforms

• Monday, 4th May 2015
• by Egypt Oil & Gas

China is preparing to shuffle the leadership of its biggest oil companies, helping clear a path in a crucial area of the economy for President Xi Jinping as he plans his overhaul of the nation’s bloated state sector

Saudi Adamant on Electricity, Water Subsidy Reforms

• Wednesday, 15th April 2015
• by Egypt Oil & Gas

Saudi Arabia should eventually consider raising its domestic water and power prices to limit rapid growth of consumption in the world's largest oil exporter, a deputy electricity minister said on Tuesday.

Egypt Considers Cutting Fuel Subsidies by a Further EGP 20 Billion

• Monday, 2nd February 2015
• by Egypt Oil & Gas

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 Thu ...