Gulf Arab oil states plan to slash energy investment

By World Tribune on January 12, 2015   Bahrain, BB Middle East, Exclusives, Iraq, Kuwait, Mideast, Qatar, Saudi Arabia, Top Stories, UAE  

Special to WorldTribune.com ABU DHABI — The Gulf Cooperation Council is preparing to significantly reduce its energy investment for the rest of the decade. The Arab Petroleum Investment Corp. assessed that every GCC energy producer planned to slash investment in crude oil and natural gas from 2015. Titled “Arab Energy Investment Outlook Opportunities, Constraints and […]