oil projects

  • NIOC Plans Future Oil Projects

    NIOC Plans Future Oil Projects

    Sunday, 29th March 2020

    National Iranian Oil Company (NIOC) plans to implement new oil projects in the near future according to high ranking official Karim Zobeydi.

  • Egypt to Receive $1.5B Investment Loan

    Egypt to Receive $1.5B Investment Loan

    Wednesday, 6th June 2018

    The African Export-Import Bank (Afreximbank) will provide a $1.5 billion loan to Egypt to fund investments including oil and petrochemical projects.

  • El Sisi Met with the CEOs of Global Oil Companies

    El Sisi Met with the CEOs of Global Oil Companies

    Tuesday, 28th March 2017
    Egypt's President, Abdel Fattah El Sisi, met with the CEOs of BP, Rosneft, and Eni to discuss the progress on the companies’ projects in Egypt.
  • Kuwait to Invest $115b in Oil Projects Despite Price Fall

    Kuwait to Invest $115b in Oil Projects Despite Price Fall

    Monday, 30th May 2016
    Kuwait announced it plans to invest $115b on oil projects over the next five years, despite the slump in oil prices. Over $100b will be spent on the local market while the rest will be spent abroad.
  • Zambia Taking Tentative Steps to Tackle Power Problem

    Zambia Taking Tentative Steps to Tackle Power Problem

    Tuesday, 22nd September 2015
    Zambia's President Edgar Lungu announced that Zimbabwe and his country have partnered to explore the possibility of developing a 1,800 Megawatt (MW) power station at Batoka Gorge in Southern Province with an estimated investment of US$4 b
  • Iran Charts Oil and Gas Priorities for Post-Sanction Era

    Iran Charts Oil and Gas Priorities for Post-Sanction Era

    Monday, 27th April 2015
    The National Iranian Oil Company (NIOC) announced in a statement on Sunday that it has defined 21 top priority oil sector projects.