IMF: Egypt’s gas discovery will support Egyptian Economy in the medium term

The Eni discovery of a major deposit of natural gas off the Egyptian coast should help ensure positive economic growth and stimulate the Egyptian economy in the medium term. Italian Oil Company Eni...

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Oil price downwards.. Is it a plan to lay off some producers?

Chee Yew Cheang from Rigzone Staff concluded that low oil prices showed little signs of a turnaround. He shared views with some industry players at a recent Singapore forum (14th Annual Marine Money...

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Though declining oil prices, UAE didn’t cancelling oil project

Though oil investments have been cut by $200 billion this year 2015 and will probably drop again during the next year, UAE expands its oil investments and pushing ahead with large new energy...

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Decline in oil prices.. is temporary or permanent?

Prince Abdulaziz bin Salman, Saudi vice oil minister: ‘Price surge after cutbacks” November 09, 2015, Wael Mahdi and Mohamed Aly Sergie DOHA, Qatar (Bloomberg) — The scale of the global oil...

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The falling oil prices to confuse world

Oil prices have decreased to the lowest level since 2009 indicating that the world oil glut will continue.   Most of OPEC member countries are sustaining their production, and the U.S stockpiles...

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Intergas VII – Oil, Gas & Petrochemicals Conference & Exhibition

Intergas VII – Oil, Gas & Petrochemicals Conference & Exhibition 24 – 26 November 2015, Royal Maxim Palace Kempinski, Cairo, Egypt http://www.intergas-egypt.com/ Key Players of...

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Oil and gas CEOs jointly declare action on climate change

The chief executive officers of 10 of the world’s largest Oil and Gas companies – which together provide almost a fifth of all oil and gas  production and supply nearly 10% of the...

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