Saudi Aramco to Invest $35B in Oil Exploration, Development

• Wednesday, 17th October 2012
• by Egypt Oil & Gas

State-owned oil giant Saudi Arabian Oil Co., known as Saudi Aramco, plans to invest $35 billion over the next five years in crude oil exploration and development in a bid to keep its oil production portfolio robust, t...

China to Invest $20M in Iranian Oil Fields

• Wednesday, 11th July 2012
• by Egypt Oil & Gas

A Chinese firm will invest 20 billion dollars in the development of Iran’s Azadegan and Yadavaran oil fields, Oil Minister Rostam Qassemi said. Qassemi, who was visiting Iran’s Pertropars Company on Sunday...

Petrobras to Invest $500M in Argentina

• Sunday, 22nd April 2012
• by Egypt Oil & Gas

Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, will invest $500 million in Argentina this year in an effort to boost production, Mines and Energy Minister Edison Lobao said Friday. Lobao and Argen...