oil projects
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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.
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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.
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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
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
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
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.
Latest News
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021