With $645m investments to revitalize Iran's oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62mb/d of crude oil, with 2.74mb/d in exports during July.
The Sudanese Minister of Oil and Gas, Dr. Mohamed Zayid Awad, has stated that Chinese companies are willing to invest in Sudan's oil and gas industry, with reference that China already holds 75% of foreign oil invest ...
The Egyptian Ministry of Petroleum and Mineral Resources has assured that the oil and gas industry is currently stable despite decrease in global oil prices.
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, visited the petrochemicals projects in Alexandria governorate to follow up on the performance rate of the new projects and expansion plans.
Hampered gas investments resulting from oil companies' recorded deficit have deprived Nigeria of 40,000 MW of electricity generated from natural gas reserves.
Egypt's Ministry of Petroleum and Mineral Resources stated in a report that the current investments in new oil industry projects amount to roughly $7.7b.
The Executive Chairman of the New and Renewable Energy Authority (NREA), Mohamed El-Sobki opposed the new and renewable energy companies that had claimed that the sector is currently unattractive for investments.
Spain's Gas Natural Fenosa plans to invest $14.8b in the next four years, mainly in distribution networks and power generation capacity. Most of the investment will go to Latin America, where the gas company aims to ...