Revenue | Egypt Oil & Gas - Part 2

Libya Earns $14B in Oil Revenues

Libya has earned $14 billion in oil revenues in 2017, which is tripling the 2016 $4.8 billion oil revenues and allowing to halve Libya’s budget deficit, the Central Bank of Libya announced.

Nostra Terra to Start Collecting East Ghazalat Revenues

UK’s Nostra Terra has confirmed that its subsidiary, Independent Resources Egypt (IRE), has now been formally registered with the Egyptian General Petroleum Corporation and is on track to start receiving revenue shar ...

Nigeria Striving to Make Up for Budget Shortfalls

Nigeria might use money set aside for funding joint venture projects with foreign and local oil firms to make up any shortfall in the 2016 budget if government revenue projections are not met, Finance Minister, Kemi ...

Oman Bolstering Oil Profits Through Subsidy Reforms

The government reduced subsidies by 47.9% in the first three months of 2015

Oil Prices Force Kuwait’s Hand Over Corporate Tax, Talking to IMF

Kuwait has sought help from the International Monetary Fund (IMF) to introduce corporate taxes in a bid to diversify revenue in the face of falling oil prices, a senior government official said.

Schlumberger 4Q Net Up 36% As Revenue Rises

Schlumberger Ltd.'s fourth-quarter earnings rose 36% as a global drilling frenzy continued despite fears about the global economy.

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