foreign investment

Nigeria to Present New-look Gas Bill to Boost Output, Attract Investment

Nigeria’s oil ministry is set to release its long-awaited oil and gas reform bill to the president in an effort to boost output and attract foreign investment.

Russian Petroleum Exports to Egypt Increase by 84%

Egypt imported $481 million of oil and gas products from Russia in the first six months of 2018, an 84% increase from the same period in 2017.

Egypt Expects $10B Petroleum Sector FDI in FY 2018/19

Egypt expects foreign investors to pump $10 billion in foreign direct investment (FDI) into the country's petroleum sector in FY 2018/19.

Zohr to Start Gas Production in December

Italian Eni's Zohr fiels is expected to start gas production in December 2016.

Iraq Seeks Investors for New Refineries

Iraqi Oil Minister, Jabbar Al Luaibi, is revisiting a program announced four years ago to build four new refineries and has invited international oil companies to fund the construction of new facilities as the countr ...

Developers to Withdraw from Egypt’s FiT Program

Up to 35 solar energy firms are considering withdrawing from the first phase of Egypt’s Feed-in Tariff (FiT) program due to delays, currency risks, and government's insistence on domestic arbitration, as developers a ...

Iran to Approve New Oil Contract Model

Iran introduces a new template for oil contracts in an attempt to attract $100b in foreign investments.

Tehran Chamber of Commerce Supports New Oil Contract Model

The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) is to back the newly-developed oil contracts model.

Iran’s Resistance Economy HQ Approves New Oil, Gas Contracts

Resistance Economy Headquarters, a top government economic advisory body, approved Iran's new oil and gas contracts after some amendments had been done.

Oil Ministry Eyes Foreign Investment Rise by $1b

Egypt's petroleum ministry is eyeing larger foreign investments in drilling and exploration projects to amount to $8.5b by the end of fiscal year 2015-16, up by $1b.

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