Saudi Aramco Invests in Local Chain Supply

• Thursday, 3rd December 2015
• by Egypt Oil & Gas

Saudi Aramco has announced its plan to double the amount of local sources used in its supply chain to 70 %, and thus increase its overall direct domestic investments worth $300b by 2021.

Omani Blend Crude Bolsters Ambitious Dubai Mercantile Exchange

• Wednesday, 18th November 2015
• by Egypt Oil & Gas

The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.

Nigeria Launches Transparency Bid Round Via TV

• Wednesday, 28th October 2015
• by Egypt Oil & Gas

Nigeria's state oil firm NNPC began auctioning annual crude term contracts on live television on Tuesday

Obama Issues Waivers as Iran Prepares Investment Laws

• Tuesday, 20th October 2015
• by Egypt Oil & Gas

President Obama has just signed an order directing his administration to begin issuing waivers to Iran's nuclear sanctions

Tanzania Joins Club of Databased Oil-Producers

• Wednesday, 30th September 2015
• by Egypt Oil & Gas

German organization Friedrich- Ebert-Stiftung (FES) has launched an almanac to provide updates on progress in the Tanzanian petroleum secto

Nigeria NNPC Contracts to be Made Public

• Monday, 28th September 2015
• by Egypt Oil & Gas

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Emmanuel Kachikwu, said contracts to be awarded by the corporation would henceforth be made public.

Saudi Reforms of Oil Sector to Make Aramco More Independent

• Sunday, 3rd May 2015
• by Egypt Oil & Gas

Saudi Arabia has approved a restructuring of Saudi Aramco that includes separating it from the oil ministry, a Saudi-owned TV station reported