Shell | Egypt Oil & Gas - Part 33
BG in Negotiations with Egypt over Burullus Fields
British Gas (BG), a subsidiary of Shell, informed that work on the 9B Phase in the Burullus fields in the Mediterranean Sea would be resumed if the Egyptian General Petroleum Corporation (EGPC) allowed BG to export 1 ...
Iraqi Basrah Gas Co. Exported Second Cargo of Gas Condensates
Iraq exported a second cargo of gas condensates, produced by the Basrah Gas Company, a joint venture between the state-run South Gas Co., Shell and Mitsubishi, the Oil Ministry informed in a statement. The cargo was ...
Oil Ministry Confirms BG’s West Delta Deep Marine Commitment
An official at the Ministry of Petroleum denied reports that gas company BG had halted production and development of two stages of its offshore West Delta Deep Marine project.
Shell Repays $1.94b Oil Debt to Iran
Royal Dutch Shell has paid $1.94b it owed to the National Iranian Oil Company, settling debts after sanctions against the country were lifted in January.
South Africa to Start Shale Gas Exploration Next Year
The first exploration for shale gas in South Africa will begin in the next financial year, following years of postponement. A World Energy Council report mentions South Africa as having significant potential for shal ...
Shell CEO: Petrobras Should Cede Stakes to Foreign Firms
Brazil's state-run oil giant Petrobras should cede some of its drilling rights to foreign companies, the Royal Dutch Shell CEO, Ben van Beurden, said. The Brazilian government was reported to be considering these cha ...
Iran to See Foreign Oil Companies Paying Off Debts in Euros
Iran says foreign firms, which owe the country its oil money, are ready to settle their debts, with Greece’s Hellenic Petroleum, Italy’s Saras, and Royal Dutch Shell owing Iran altogether about $4b.
Vitol CEO: Oil Prices to Bounce Around $40 – $60 a Barrel
Oil prices will stay low for the next ten years over Chinese economic slowdown and the US shale industry acting as a cap on any rally, Ian Taylor, CEO of Vitol Group BV, the world’s largest independent oil-trading ho ...
