oil investment

  • President Sisi Meets with OAPEC Ministers

    President Sisi Meets with OAPEC Ministers

    Monday, 21st December 2015
    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

    Saudi Pledges New Investments, Oil Support for Egypt

    Sunday, 20th December 2015
    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

    ENI CEO: Oil Investment Cuts Raise Concerns

    Wednesday, 9th December 2015
    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.