investments | Egypt Oil & Gas - Part 43
Energy Bonds to Boost Iran’s Global Hydrocarbon Potential
Iran’s media revealed that the country plans to sell bonds worth a total of about $1.7 b next year, reported Press TV. The bonds will be sold in rials and euros in domestic and foreign banks, beginning 21 March 2016-2...
$1 Trillion Investment Opportunities in India for UAE
While concluding his visit to the UAE India’s Prime Minister Narendra Modi called on prominent business leaders to invest in India in fields such as infrastructure, energy and real estate to the tune of $1 trill...
Iran Taps into Giant Oilfields Shared with Iraq
Iran has accelerated drilling of its largest oilfield which it shares with Iraq in order to catch up with its western neighbor in production, an energy official has said. The National Iranian Drilling Company (NIDC) h...
Oman to Pour Billions into Indonesian Oil Sector
Oman has committed to invest $7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, an Indonesian minister said on Thursday. Oman also agreed to supply crude oil to the former O...
Egypt Energy Conference Highlights Need for Energy Mix
A balanced energy mix is one of the most significant needs for Egypt, where both fossil and renewable energy sources are included. “It’s dangerous that 90% of electricity come from oil and gas fuel,” said First Under-...
Saudi Electricity To Invest Elsewhere, Covering Loses by Becoming More ‘Agile’
Saudi Electricity Co (SEC), the Gulf’s largest utility firm, is looking for investment opportunities to offset financial pressures on its core electricity business, its chief executive said. “Because we are squeezed a...
Petroleum Ministry: BG’s Egypt Projects Not Affected by Shell Buyout
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. T...
Oil Prices Push Gulf Equity Markets Down, March Summit Push Egypt Stock Up
Gulf equity markets may stay depressed on Monday after oil prices extended losses and corporate news provided little encouragement. Brent oil, which fell 9% last week, edged down 0.6% in Asian trade on Monday. Traders...
