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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting


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Oil prices to recover in Q3, 2015- analysts

Oil prices to recover in Q3, 2015- analysts

Long-term forecast predicts $80 a barrel
 
Stirling Group launches new oil & gas HSE course

Stirling Group launches new oil & gas HSE course

Course is specifically tailored for Middle East oil & gas industry
 
Qatar best placed to withstand oil price slump

Qatar best placed to withstand oil price slump

In the wake of slumping oil prices, Qatar appears most robust while Oman is likely to face maximum risk
 
Non-hydrocarbon activities to boost GCC countries

Non-hydrocarbon activities to boost GCC countries

Qatar is predicted to enjoy most pronounced growth over next two years
 

 

Saudi can deal with low oil prices for

Saudi can deal with low oil prices for "8 years"

Former oil adviser says Kingdom can cope with falling oil price
 
Total eyes cost savings

Total eyes cost savings

Stephane Michel says company is committed to Middle East
 
Grandweld delivers offshore support boat to ADNOC

Grandweld delivers offshore support boat to ADNOC

Vessel will be operated by Irshad in Fujairah oil terminal
 
Low oil prices won't affect Abu Dhabi concessions

Low oil prices won't affect Abu Dhabi concessions

Long-term arrangements not to be affected by short-term oil price slump- minister
 
Energy sector driving safety and security demand

Energy sector driving safety and security demand

Middle East is home to more than half of the world's oil reserves
 
Dubai Government to curb trade in illegal diesel

Dubai Government to curb trade in illegal diesel

Several companies and agents have already been fined
 
UAE says shale oil glut strategic

UAE says shale oil glut strategic

Energy minister called for shale output to be cut
 
Oil prices could stabilise in Q2, says expert

Oil prices could stabilise in Q2, says expert

Gulf petrochemical sector protected from price slump
 
Oil price falls to six year low

Oil price falls to six year low

Prices continue to fall as Goldman Sachs slashes forecast
 
Saudi prince says $100 a barrel is history

Saudi prince says $100 a barrel is history

Prince Alwaleed bin Talal says previous price was artificial
 
What the oil price drop means for Dubai's debts

What the oil price drop means for Dubai's debts

Dubai's debt problems are far from resolved, but lower oil prices will not necessarily trigger a fresh crisis, according to Capital Economics
 




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