Saudi Electricity To Invest Elsewhere, Covering Loses by Becoming More ‘Agile’

• Thursday, 7th May 2015
• by Egypt Oil & Gas

Last month, the state-owned firm said that its net loss for the first quarter of the year more than doubled, to 1.94 billion riyals ($517 million).

Petroleum Ministry: BG’s Egypt Projects Not Affected by Shell Buyout

• Tuesday, 5th May 2015
• by Egypt Oil & Gas

In an exclusive with Youm7; informed sources at the Ministry of Petroleum and Mineral Resources said that Royal Dutch Shell’s purchase of the BG Group will have no impact whatsoever on BG’s projects and investments

Oil Prices Push Gulf Equity Markets Down, March Summit Push Egypt Stock Up

• Monday, 16th March 2015
• by Egypt Oil & Gas

Gulf equity markets may stay depressed on Monday after oil prices extended losses and corporate news provided little encouragement

Oil Price Slump Hits Qatar Investment House

• Thursday, 26th February 2015
• by Egypt Oil & Gas

The 750m riyal IPO would have raised half the money needed for the project, while the other half had been obtained from other investors.

Iran: Oil Companies Eager for Lifting Sanctions

• Friday, 6th February 2015
• by Egypt Oil & Gas

Minister of Petroleum Bijan Namdar Zangeneh says foreign energy companies are waiting to pounce on Iran’s oil and gas projects once sanctions are lifted.

Sudan to attract Saudi investments in oil and gas sectors

• Monday, 19th March 2012
• by Egypt Oil & Gas

A top official at the consulate general of Sudan in Jeddah said yesterday that a number of Saudi businessmen are intending to invest more than $1 billion in the Sudanese oil and gas. He expected that Sudan would star ...