Egypt has presented proposals and feasibility studies for projects in the energy, housing, agriculture, and tourism sectors to the Saudi Arabian government for examination and possible investment.
Egypt and Saudi Arabia have come to terms on a number of loans for investment and development projects in Egypt, that Riyadh has pledged to Cairo since March 2015.
Kenya has entered into a long-term 'Oil for Development' program agreement with Norway to develop its local oil sector by providing support in the management of Kenya's natural resources and protection of the environ ...
FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub
Brazil’s oil regulator plans to ease future fines for producers who fail to meet strict local-content guidelines as the country seeks to accelerate development of offshore oil and gas resources.
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 ...
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 ...
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'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 ...