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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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Global LPG market to reach $289bn by 2019

Global LPG market to reach $289bn by 2019

Growing demand for cleaner fuel sources drives market growth
 
Saudi oil minister expects oil price to stabilise

Saudi oil minister expects oil price to stabilise

Al Naimi does not believe that is should be up to KSA to cut production levels
 
Egypt expects LNG deals with Shell and Total

Egypt expects LNG deals with Shell and Total

Government is in final stage talks with Gazprom and BP for LNG supply
 
Oman exceeds oil production target- official

Oman exceeds oil production target- official

Output in January and February was higher than the planned annual average of 570,000 barrels per day
 

 

Militants seize key Libyan oil fields

Militants seize key Libyan oil fields

Mabruk is one of Libya's largest oil fields
 
Dalma Capital appoint Mishal Kanoo to the Board

Dalma Capital appoint Mishal Kanoo to the Board

Dubai's Burgeoning Hedge Fund manager welcomes Mishal Kanoo as company director
 
ADNOC signs R&D deal with Korean partners

ADNOC signs R&D deal with Korean partners

Agreement aimed at boosting oil production from three Abu Dhabi concessions
 
Egypt delays $3.1bn debt repayment to mid- 2016

Egypt delays $3.1bn debt repayment to mid- 2016

New target set for around a year later than previously promised
 
Shell's Deirdre Michie appointed Oil & Gas UK boss

Shell's Deirdre Michie appointed Oil & Gas UK boss

Michie spent almost 30 years at Shell in a number of senior management roles
 
Iran could start gas exports to Iraq in May

Iran could start gas exports to Iraq in May

The two sides are waiting for security conditions to improve
 
Saudi Aramco raises LPG March prices

Saudi Aramco raises LPG March prices

Liqefied petroleum gas will be sold at $500 a tonne, up $50 from February level
 
Shell's Pearl GTL closes for maintenance

Shell's Pearl GTL closes for maintenance

Production will resume no sooner than April
 
Maersk Training to open first Middle East facility

Maersk Training to open first Middle East facility

Training facility will offer a number of courses for oil & gas and marine industries
 
Saudi Aramco senior VP Buainain steps down- report

Saudi Aramco senior VP Buainain steps down- report

Buainain's departure will come into effect on 8th of March
 
OPEC oil supply drops in February

OPEC oil supply drops in February

Output hits the lowest since June 2014 - survey
 




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