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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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GCC countries to discuss unifying petroleum prices

GCC countries to discuss unifying petroleum prices

Oil ministers to meet in Kuwait this week to discuss issue
 
Kuwait signs $3bn deal to buy gas from BP

Kuwait signs $3bn deal to buy gas from BP

Country seeks to meet rising energy demand over summer
 
Kuwait to import LNG from Qatar

Kuwait to import LNG from Qatar

Country needs gas to support its energy needs to end 2014
 
Kuwait signs oil & diesel supply deals with Egypt

Kuwait signs oil & diesel supply deals with Egypt

New contract boosts supply from the Gulf Arab state by 31%
 

 

Iran crude will flow to South Korea

Iran crude will flow to South Korea

Country becomes second Asian nation to make payment to Iran
 
Dynamic Oil Trading expands in UAE

Dynamic Oil Trading expands in UAE

Company announces series of appointments at new Dubai office
 
UAE may consider importing US gas

UAE may consider importing US gas

The UAE has become a net importer of gas in recent years
 
Lamprell beat financial targets in 2013

Lamprell beat financial targets in 2013

Lamprell's 2013 report shows better than predicted financial results
 
ME demand will outstrip rise in supply by 2035

ME demand will outstrip rise in supply by 2035

BP's annual report provides food for thought for ME oil & gas industry
 
Gulf Keystone dips over 8% on H1 results

Gulf Keystone dips over 8% on H1 results

Shares tumble after investors underwhelmed by interim update
 
Report: KRG extends oil export initiative

Report: KRG extends oil export initiative

KRG pitches goodwill initiative as completion of Turkey pipeline nears
 
Saudi Steel Pipe wins four Aramco contracts

Saudi Steel Pipe wins four Aramco contracts

SAR 215.8 million in contracts will be completed by end of Q1 2013
 
DNO posts Q2 loss on KRG accounting charge

DNO posts Q2 loss on KRG accounting charge

Norwegian firm bucks run of profitable quarters with $30 million loss
 
TAQA feels US gas price pinch in Q2 results

TAQA feels US gas price pinch in Q2 results

US gas prices cut upstream revenues while North Sea production rises
 
Petrofac shares slide on backlog concerns

Petrofac shares slide on backlog concerns

Warning of a flat second half of 2012 takes shine of 32% profit hike
 





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