energy | Egypt Oil & Gas - Part 10

Jordan to Boost Energy Cooperation with Algeria, Egypt, Palestine

Jordan signed multiple agreements with Algeria, Egypt, Palestine on energy investment and mineral resources exploration on hope of boosting co-operation in the growing sectors.

Iran, Algeria to Establish Energy Cooperation

Algeria and Iran will launch a partnership project in the field of energy efficiency, notably in the conversion of vehicles to run on compressed natural gas (CNG).

Iran, Tunisia Discuss Energy Ties

Iran and Tunisia exchanged views on Iranian-Tunisian cooperation, and explored potential capacities and needs of the two sides in the field of energy.

US ‘Deeply’ Concerned Nord Stream Pipeline Is Security Threat

The United States is "deeply" concerned about the Nord Stream-2 gas pipeline project as a threat to national security. Many EU governments complain it increases dependency on Russia's Gazprom.

Bahrain to Increase Investments in Egypt

Egypt signed 11 Memoranda of Understanding (MoUs) with Bahrain during the Bahraini-Egyptian Business Forum marking a two-day visit of Bahrain’s King Hamad bin Issa al-Khalifa to Cairo in April.

French President Visits Cairo to Boost Bilateral Economic Ties

French President, Francois Hollande, arrives to Egypt seeking to boost economic ties between the two countries.

Europe’s Banks Hold Fewer Risky Energy Assets Than US Rivals

The energy exposures of the large European banks are moderate and do not present a significant risk to their earnings or capital. However, rising provisions in 2016 will weigh on profitability, Moody's Investors Serv ...

Russia, Morocco Plan to Boost Energy Cooperation

Russia and Morocco are planning to strengthen cooperation in the energy sector, including deliveries of Russian LNG to Morocco, according to a joint statement following talks between Vladimir Putin and King Mohammed ...

Egypt to Get $3b Financial Package from South Korea

South Korea will provide Egypt with a financial package worth $3b for export credits and to develop infrastructure in the energy, water resources, and transport sectors, the Egyptian presidency announced.

El Molla: Egypt’s Debt to Foreign Partners Not Exceeding $3b

Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the sector's debt to foreign partners has not exceeded $3b, and denied recently published rumors that country's indebtedness allegedly increased ...

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