investment | Egypt Oil & Gas - Part 19
Egypt Presents Project Proposals for Saudi Investment
Egypt has presented proposals and feasibility studies for projects in the energy, housing, agriculture, and tourism sectors to the Saudi Arabian government for examination and possible investment.
Egypt, Saudi Arabia Reach Financing Agreements for Development
Egypt and Saudi Arabia have come to terms on a number of loans for investment and development projects in Egypt, that Riyadh has pledged to Cairo since March 2015.
OPEC: $10t in Oil Investment Needed, $250 from non-OPEC Countries
The Organization of Petroleum Exporting Countries (OPEC) has stated that $10t worth of investment in the oil and gas industry will be needed through 2040 in order to meet world’s energy needs, according to OPEC's Wor ...
Gazprom Approves $11.71b Investment Program in 2016
Russia's major gas exporter, Gazprom has approved its investment program worth $11.71b ( RUB 842b) in total in 2016, the company's board announced its decision in a statement.
Algeria and Germany to Develop Energy Partnership
Algiers and Berlin are to start mutual energy cooperation by boosting German energy investments in the northern African country.
World Bank Loan Diverted in Part to Pay Foreign Dues
Tarek El-Molla, Minister of Petroleum and Mineral Resources, confirmed that his Ministry planned to attract $8.5b worth of new foreign investments into the Egyptian petroleum sector during the current fiscal year, re ...
CPTDC to Invest $10m in Egypt’s Petroleum Industry
China Petroleum and Technology Development Corporation (CPTDC) will invest approximately $10m in Egypt, Li Qitang, Egypt’s Chief Office Representative.
Mexico to Receive $6b from Oil Hedge Deals
Mexico will receive at least $6b from its oil hedge deals in 2015, Bloomberg reports. The country locks in its oil price each year through deals with banks to protect against price declines. For 2015, the government ...
