El Molla Suggests EXIM to Fund US Oil Firms to Invest in Egypt

• Sunday, 20th October 2019
• by Editorial Team

The Minister of Petroleum and Mineral Resources, Tarek El Molla, suggested Export-Import Bank of the United States (EXIM) contribute to financing private sector entities that desire investing in Egypt’s natural gas fi...

Dana Gas to Drill Egyptian Mega Gas Project

• Sunday, 17th February 2019
• by Sarah Samir

Dana Gas Company plans to starts drilling in 2019 an area with the potential of being Egypt’s next mega natural gas field in the Mediterranean Sea. Seismic data collected in the area revealed natural gas reserve...

OVL Cancels Iran LNG Export Facility

• Wednesday, 28th February 2018
• by Sarah Samir

ONGC Videsh Ltd (OVL) has canceled its plans to establish a liquefied natural gas (LNG) export facility worth $5 billion in Iran, Times of India reported. The company decided to invest only in developing a huge gas fi...