"During 2016-25, our upstream sector needs $176 b and the downstream sector needs $77 b of investment," said Ali Kardor, the deputy for investment affairs of the National Iranian Oil Company (NIOC)
The President of the Republic of Angola set up a commission to study the readjustment of the organisation of the oil sector to develop an integrated and effective strategy to improve efficiency.
The level of the cooperation relations between Algeria and Tunisia in the field of energy has reached a level of "excellence," affirmed in Algiers Minister of Energy Salah Khebri and Tunisian Minister of Industry, Energy and Mining Zakaria Hamad.
Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, explained Ali Al Mansoori head of Abu Dhabi’s Department of Economic Development