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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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BP awards $9.5bn contracts for Shah Deniz

BP awards $9.5bn contracts for Shah Deniz

Total expenditure for Shah Deniz 2 is expected to reach about $4.5bn in 2014
 
Rosneft’s profits slump as weak rouble takes toll

Rosneft’s profits slump as weak rouble takes toll

Rosneft will request 2 trillion roubles in assistance to help mitigate sanctions.
 
Statoil posts 3rd quarter loss

Statoil posts 3rd quarter loss

Low oil prices weigh heavy on Statoil's bottom line
 
India to increase Saudi crude purchases

India to increase Saudi crude purchases

India will also increase its LPG imports from KSA
 

 

New Total boss to cut capex

New Total boss to cut capex

Whistle-stop tour will focus on Russia, KSA and Qatar.
 
RAK Petroleum to Launch Norwegian IPO

RAK Petroleum to Launch Norwegian IPO

Shares are expected to commence trading on 7th November
 
Unique Wellube complete Adma Opco plug project

Unique Wellube complete Adma Opco plug project

Unique Wellube will supply and engineer mechanical seal plugs
 
Oman considers cutting energy subsidies

Oman considers cutting energy subsidies

The sultanate also aims to boost non-oil sectors
 
Kurdistan to double export capacity

Kurdistan to double export capacity

Pipeline to Ceyhan to reach 700,000 bpd
 
DMCC hosts alternative & renewable energy seminar

DMCC hosts alternative & renewable energy seminar

The event will focus on alternative energy trends in the GCC region.
 
Kuwait: Low oil prices will hit GCC economies

Kuwait: Low oil prices will hit GCC economies

Minister warns of economic reforms if low prices continue
 
Oman Oil Co in talks to buy Occidental assets

Oman Oil Co in talks to buy Occidental assets

The sultanate is waiting on specifics of potential sale from the US
 
Kuwaiti Khafji field closes for technical reasons

Kuwaiti Khafji field closes for technical reasons

Maintenance is required following a suspected sour gas leak
 
Yemen resumes main oil exports after attack

Yemen resumes main oil exports after attack

Attack on major pipeline halted oil flow for 24 hours
 
Total names refining boss to replace de Margerie

Total names refining boss to replace de Margerie

Christophe de Margarie was killed in a plane crash last week in Russia
 




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