Libya’s NOC Discusses Boosting Cooperation with Italy
The Chairman of Board of Directors of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, has discussed how to boost cooperation with the Italian companies.
investment | Egypt Oil & Gas - Part 8
Iraq to Invest 200 mscm/d of Gas from Dhi Qar Fields
The Undersecretary for Extraction Affairs of the Iraqi Oil Ministry, Karim Hattab announced that the ministry plans to invest the gas accompanied with oil operations in Dhi Qar Governorate through conducting contr ...
Exxon Studies Investing about $240 M in Baton Rouge Refinery
Louisiana Governor, John Bel Edwards, stated that ExxonMobil Company is studying to invest more than $240 million from Baton Rouge refinery, from which it is producing 517,700 barrels per day (b/d).
El Molla Discusses Cooperation with Hungary’s Ambassador
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has discussed with the Hungarian Ambassador to Egypt, András Kovacs, the ways of cooperation in the oil and gas sector.
Norway Resumes Investment in Brazil’s Petrobras
Norway re-permits the country’s largest pension fund, KLP, to invest in Brazil’s state-run Petrobras once more.
Algeria’s Proven Oil Reserves at 10 Billion Barrels
Algeria’s Energy Minister, Mohamed Arkab, has announced that Algeria’s proven oil reserves currently stand at 10 billion barrels.
Algeria’s Sonatrach signs MoU with ExxonMobil
Algerian state-owned Sonatrach has signed a Memorandum of Understanding (MoU) with America’s ExxonMobil Corporation to pave the way for talks on exploration opportunities in Algeria.
ADNOC to Continue Investing Responsibly
The Abu Dhabi National Oil Company (ADNOC) will continue to invest responsibly in order to deliver on its 2030 smart growth strategy.
Plans for $5 B Petrochemicals Complex in Alexandria
The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.
Oman to Open Habhab Oilfield to IOCs
Oman's Ministry of Oil and Gas will allow international oil companies (IOCs) to invest and develop the ultra-heavy oilfield at Habhab using their technological and financial abilities.
