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El Molla: Petroleum Sector Attracted $10B FDI in 2017/18

Foreign direct investment (FDI) in Egypt’s oil and gas sector reached $10 billion in fiscal year (FY) 2017/18, Minister of Petroleum Tarek El Molla told Al Ahram newspaper in an interview published on August 24.

Iran oil exports to Germany halted: reports

Iranian oil exports to Germany have stopped and imports of EU products have been reduced as the European Union moves towards a total embargo on Iranian oil, Iranian media reported on Wednesday.

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