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Qatar Petroleum Finalizes Idd al-Sharghi Takeover
...nce Saad al-Kaabi took over as CEO in 2014 (MEES, 14 September 2014). Under his leadership, the role of IOCs at Qatar’s oil fields has been greatly reduced, either through tighter terms or with QP taking over entirely. This week saw QP finalize its takeover of two fields, replacing US firm Occidental (Ox...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019 -
Egypt Cuts Road Fuel Prices
...ckage with the IMF which ended in June this year (MEES, 21 June). Though the (modest) price cuts followed some of the most vocal protests since Mr Sisi came to power in 2014 – with up to 3,000 people having been detained – the Oil Ministry insists that the gasoline prices cuts are not linked but ra...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019