Oil & Gas

This tag is associated with 4 posts

Middle East: Oman’s Subsidies To Exceed $7 Billion This Year According To IMF Study

Posted by ETFalpha ⋅ July 20, 2015 ⋅ Leave a comment

Oman’s total subsidies will touch $7.27 billion this year, the International Monetary Fund (IMF) reports in a study. This is against a subsidy estimate at $4.64 billion for 2015 in the state budget and an actual subsidy of $4.36 billion in 2014, which indicated a fall of 17.11 per cent over the previous year due … Continue reading →

Russia, Venezuela Agree On $14 Billion Oil And Gas Investment Deal

Posted by ETFalpha ⋅ May 29, 2015 ⋅ Leave a comment

Venezuelan President Nicolas Maduro says his country has reached an agreement with Russia which will bring $14 billion in investment to its oil and gas sector over the next few years. The agreement was reached between the Venezuela’s state oil firm, PDVSA (Petroleos de Venezuela) and the Russia’s oil giant Rosneft, following talks in Caracas, between Maduro, the president of … Continue reading →

Nigeria: Africa’s New Number One

Posted by ETFalpha ⋅ January 4, 2015 ⋅ Leave a comment

(This article was originally published in June 2014) By Thomas Chevillotte On April 6, the National Bureau of Statistics (NBS) announced new GDP figures for 2013. Although much anticipated, revised figure makes Nigeria the 24th-biggest economy[1] in the world moving from the frontier to the official emerging market status. Thanks to a new base … Continue reading →

Is Now The Time To Invest In Iraq?

Posted by ETFalpha ⋅ December 22, 2014 ⋅ Leave a comment

By Daniel Workman “Iraq looks more promising today than it did last year.” Excuse me for looking at the above quote with a healthy dose of skepticism. Just turn on the news. Iraq. A place where volatility would be an understatement. To many, Iraq might as well be a synonym for a market crippled by … Continue reading →