Shell Slashes Spending for 2015-2017

• Sunday, 1st February 2015
• by Egypt Oil & Gas

Royal Dutch Shell PLC has curtailed more than $15 billion in potential spending over the next 3 years, but is not “not overreacting to current low oil prices,” and is keeping its “best opportunities on the table,” th ...

Clean Energy Development in Egypt

• Monday, 7th May 2012
• by Egypt Oil & Gas

Egypt was once an exporter of oil and gas, but now it is struggling to meet its own energy needs. The growth in energy consumption is a response to the country's economic expansion, industrialization, and change in ...

Iraq Prepares 5-Year O&G Development Program

• Wednesday, 2nd May 2012
• by Egypt Oil & Gas

The Iraqi Oil Ministry and the Planning Ministry have prepared a five-year program of development of oil and gas sector in the country, Iraqi Oil Ministry spokesman Asym Jihad told Trend on Monday.

Iran oil development fund could reach $55bln-president

• Sunday, 8th April 2012
• by Egypt Oil & Gas

Iran's President Mahmoud Ahmadinejad said on Saturday the country's sovereign wealth fund could reach $55 billion by March next year if oil prices kept high, in an apparent bid to defend his economic record in the fa ...