energy | Egypt Oil & Gas - Part 15

Jordan to Boost Energy Cooperation with Algeria, Egypt, Palestine

In order to boost cooperation and allow more investments in the energy and mineral resources industry, Jordan signed multiple agreements with Algeria, Egypt, Palestine, officials said according to Ansamed. The agreeme...

Iran, Algeria to Establish Energy Cooperation

Algerian Industry and Mining Minister, Abdessalem Bouchouareb, announced that Algeria and Iran will launch a partnership project to assist the North African country in the field of energy efficiency, notably in the co...

Iran, Tunisia Discuss Energy Ties

Iranian Energy Minister, Hamid Chitchian, and his Tunisian counterpart, Mongi Marzouk, negotiated mutual cooperation expansion between both countries in the energy sector, Iran Daily reported. According to Chitchian, ...

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, a senior US Energy envoy said after the issue was raised at the US-EU energy council h...

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, informed Ahram Online. MoUs incl...

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, Ahram Online reported. The French President is accompanied by a host of diplomats and businessmen tasked ...

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

European banks’ energy exposure of over $306b is “manageable” and made up of less risky assets than those held by US rivals, according to a new report by rating agency Moody’s, The Financial Times reported. Moody’s an...

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 Russian President, Vladimir Putin,...

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 according to ...

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. The minister denied as rumors recently published information that the country...

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