Global oil demand will expedite next year as the global economy resumes its growth. The demand will again encounter not only increasing growth rates across
Category: Oil
Future of Tanzania’s Oil and Gas Revenues in Doubt
The expectations of the potential of natural gas in Tanzania have skyrocketed with many observers seeing natural gas to end aid dependency and fiscal troubles
Dealing with Egypt’s Energy Subsidy Monster
Mohamed Shoeib, CEO of the energy division at Citadel Capital, thinks that subsidies that countries like Saudi Arabia provide Egypt with are not a solution
EU’s Policy of Reducing Russian Energy Dependence: Still in the Brainstorming Phase
Over the last few weeks, we have witnessed several major steps that Russia had taken in order to fortify its revenues from selling its natural
Israel in Oil Business Talks with Egypt
The leadership of Israel’s giant oil company, Leviathan, said that they had signed a preliminary agreement with British oil and gas firm, BG Group, to
Washington Relaxes Oil Export Restrictions
The United States has provided two oil companies – Pioneer Natural Resources Co and Enterprise Products Partners – with permission to export oil, which could
African Development Bank Supports Greenfield Oil Refinery
The African Development Bank (AfDB) has recently approved a loan of USD 300 million USD to Dangote Industries Limited for the construction and day-to-day running
Ottawa Approves the Northern Gateway Pipeline
The Canadian government approved the building of the Northern Gateway pipeline by the Canadian crude oil and liquids pipeline company – Enbridge Inc’s – provided
Iraq Crisis Pointing to Canadian Oil Sands’ Strategic Importance
The escalating crisis in Iraq and the looming geopolitical turmoil in the Middle East have highlighted the urgent need to increase output of Canada’s oil
Kazakhstan to Help Ease EU’s Energy Dependence on Russia
The Central Asian region has a strategic geopolitical location, an enormous economic and energy potential and abundant wealth of resources that represent an important factor