investments | Egypt Oil & Gas - Part 40
Oil Minister Visited Petrochem Factories in Alexandria
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, Eg...
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, Punch reported. The country has one of the lowest po...
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, Egypt Oil&Gas reported. Minister of Petroleum and Min...
China, Nigeria Sign $80b Oil, Gas Infrastructure Development Deal
Chinese companies have agreed to invest $80b in oil and gas infrastructure projects in Nigeria, reported Oil Price. Asia Times quoted Nigeria’s Oil Minister and Head of the Nigerian National Petroleum Corporation (NNP...
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, acco...
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 aim...
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 pr...
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 sid... 
