investments | Egypt Oil & Gas - Part 39

Nigeria Loses 40,000MW of Energy over Hampered Gas Investments

Hampered gas investments resulting from oil companies' recorded deficit have deprived Nigeria of 40,000 MW of electricity generated from natural gas reserves.

Egypt Marks $7.7b Investments in New Oil Industry Projects

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.

China, Nigeria Sign $80b Oil, Gas Infrastructure Development Deal

Chinese companies have agreed to invest $80b in oil and gas infrastructure projects in Nigeria.

NREA Denies Egypt Unattractive for Clean Energy Investments

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 to Invest $14.8b in Four Years

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 ...

Minister Calls for Concerted Efforts in Oil&Gas Industry

Speaking at the Annual Energy Conference on behalf of Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, First Undersecretary at the Oil Ministry, Mohamed Tahir, said that the development of primary ...

El Molla: Adopted Reforms Stimulate Oil&Gas Investments

Egypt is implementing reform measures that stimulate foreign and Arab investments in the Egyptian oil and gas private sector, country's Minister of Petroleum and Mineral Resources, Tarek El Molla said on the sideline ...

Egypt’s Oil Minister Speaks at Offshore Technology Conference

Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, participates as a key speaker at the Offshore Technology Conference, the world's largest offshore conference in the oil and gas industry, held in H ...

Eni Plans to Invest $22.5b in Africa Over Next Four Years

Italy's Eni plans to invest about $22.5b in Africa over the next four years, mostly in the oil and gas industry, the company's CEO, Claudio Descalzi, said. Currently, the Italian company is involved in projects in 15 ...

Oil Minister: Apache to Invest $1b in Egypt in FY 2016-17

Apache Corporation has allocated $1b in new investments in Egypt in its FY2016-17 budget, Oil Minister Tarek El Molla announced, following a meeting with Apache CEO, John Christmann, in Cairo.

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