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Shell to divest onshore assets in Egypt’s Western Desert to focus on offshore concessions
Shell to divest Western Desert onshore assets to focus on offshore concessions: Shell is planning to divest its onshore upstream…
IMF hints at post-loan arrangements with Egypt
IMF hints at post-loan arrangements with Egypt: Future cooperation between Egypt and the IMF will center around continuing structural reforms…
World entering “synchronized stagnation,” say FT, Brookings
World entering “synchronized stagnation,” say FT, Brookings: The global economy is heading into so-called “synchronized stagnation” as growth stalls in…
Egypt targets 700k bpd of crude oil and condensates in FY 2019-2020 -El Molla
Egypt aims to produce 700k bpd of crude oil and condensates in FY 2019-2020, Tarek El Molla said in a…
ADES wins second deepwater drilling contract in Egypt
ADES SAE has signed a second deepwater drilling contract in Egypt’s Mediterranean waters with an unnamed international oil company, the…
Insider tracking of global oil supplies is information worth paying for
Insider tracking of global oil supplies is information worth paying for. Predicting changes in the availability and price of oil…
United Oil & Gas’ acquisition of Rockhopper Egypt on track to close by 4Q2019
M&A WATCH- United Oil & Gas’ acquisition of Rockhopper Egypt “progressing well”: Rockhopper Exploration’s sale of its Egypt business to…
Egypt cuts fuel prices for first time since 2016
Gov’t cuts fuel prices for first time since 2016: The government has revised down prices for all grades of fuel…
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