President Sisi Meets with OAPEC Ministers

• Monday, 21st December 2015
• by Egypt Oil & Gas

President Abdul Fattah El-Sisi met with ministers and delegates from member states of the Organization of Arab Petroleum Exporting Countries (OAPEC) to discuss regional energy issues.

Saudi Pledges New Investments, Oil Support for Egypt

• Sunday, 20th December 2015
• by Egypt Oil & Gas

Saudi Arabia and Egypt signed an agreement that will renew kingdom's economic support for Cairo via oil assistance and additional $8b worth of investments in the next five years.

ENI CEO: Oil Investment Cuts Raise Concerns

• Wednesday, 9th December 2015
• by Egypt Oil & Gas

Italy's ENI CEO, Claudio Descalzi said that the $200b cuts in oil investment in 2015 will continue next year, raising concerns that it may create an imbalance between supply and demand.