Sinopec Halts Project in Russia
China's Sinopec suspended discussions for a gas marketing venture and petrochemical investment in Russia.
investments | Egypt Oil & Gas - Part 17
Baker Hughes Suspends New Investments in Russia
Baker Hughes has announced that it has halted its new investments in Russia due to its invasion of Ukraine.
El Molla, Eni Discuss Ramping Up Petroleum Production, Investments
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with a delegation from the Italian company Eni, which included Guido Brusco, Director General of Natural Resources, Antonio Panza, Regional Manager ...
ASORC, PPC Budget Allocates EGP 7 B in Investments for Improving Efficiency
Minister of Petroleum and Mineral Resources Tarek El Molla announced that the new budget for Assiut Oil Refining (ASORC) and Petroleum Pipelines Company (PPC) allocates EGP 7 Billion worth of investments to improv ...
Aramco Acquires New Investments in Poland
The Saudi Arabian Oil Company "Aramco" announced that it is expanding its presence in Europe by acquiring stakes in Poland’s refining, wholesale and jet fuel segments.
EGPC, Eni Sign $1B Agreement for Oil Exploration in Gulf of Suez, Nile Delta
The Egyptian General Petroleum Corporation (EGPC) and Italian energy company Eni have signed an agreement worth at least $1 billion for oil exploration activities in the Gulf of Suez and the Nile Delta.
ADNOC to Spend $6 Billion to Enable Drilling Growth
The Abu Dhabi National Oil Company (ADNOC) has recorded investments worth up to almost $6 billion to enable drilling growth helping to boosts its crude oil production capacity to 5 million barrels per day (mmbl/d) ...
Aramco to Expand Investments in Emerging Sectors
Aramco announced its intention to expand its focus on emerging sector at the Future Investment Initiative Forum.
QatarEnergy, Shell Sign Agreement for Developing Hydrogen Projects in UK
QatarEnergy company and Shell company have signed an agreement to cooperate on investments in bule and green hydrogen projects in UK.
BP Invests $270 million in Three Major Projects at Cherry Point Refinery
BP revealed a plan to invest $269 million in three projects at Cherry Point Refinery in Washington in order to enhance the refinery’s efficiency, minimize its carbon dioxide (CO2) emissions, and boost its renewabl ...
