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Oil and gas together account for 95 percent of Algeria’s export revenues and contribute 60 percent to its annual budget.
Read More »Algeria to Attract Oil Companies with Tax Incentives
The Next Natural Gas Hotspot
Gas production in Egypt went into steep decline several years ago due to price controls and lower investment from international companies.
Read More »Saudi Arabia Meets the West. but Is Looking East
China is already one of the largest clients of Saudi crude oil.
Read More »Sinopec Inks First Deal to Buy Oil Priced Off Shanghai Crude Futures
The liquidity for Shanghai crude futures will surpass that of DME.
Read More »East Med Gas could Supply Europe
ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.
Read More »OPEC Curbs Oil Shipments to U.S. Refiners
Ecuador cut shipments to the United States by 86 percent and Kuwait cut exports by 58 percent. week-over-week.
Read More »Chinese Probe Hits CEFC’s $9-Billion Rosneft Stake Acquisition
The Kremlin wants China to own a stake in Rosneft.
Read More »Kuwait Seeks Foreign Investments to Diversify Away From Oil
Kuwait wants to transform into a business hub that attracts investments.
Read More »BP To Drill First Deepwater Mexican Well By 2020
Mexico has been eagerly seeking foreign investment in its oil industry over the last couple of years.
Read More »BP To Drill First Deepwater Mexican Well By 2020
Mexico has been eagerly seeking foreign investment in its oil industry over the last couple of years.
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