Middle East

Middle East

Bapco CEO sees a tough 2015

Bahrain will make a final decision on whether to expand its only oil refinery next year, a senior oil executive said, predicting that falling crude prices and growing...

Middle East

In brief

Egypt’s subsidy costs downCAIRO: Plummeting oil prices mean Egypt spent 30 per cent less on energy subsidies in the first half of 2014-15 than it did in the previous...