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.
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).
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.
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.
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 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 ...
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.
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 ...