The Algerian Prime Minister Ayman Benabderrahmane stated that his country intends to increase its oil and gas sector’s investments by $2.6 billion up from $7.4 billion to $10 billion during 2022.

The head of Jask of Oil Terminal project, Vahid Maleki. announced the completion of the construction operation for the offshore pipeline which will transport oil to Jask terminal.

The Chairman of Libyan National Oil Corporation (NOC), Mustafa Sanallah, stated that the company targets to produce 1.2 million barrels per day (mmbl/d) of oil during 2021 as a part of its plan for the new year.

ExxonMobil announced a new plan for reducing greenhouse gas emissions by 15-20% in addition to methane intensity by 40-50% and flaring gas by 35-45% by 2025.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, confirmed that the ministry is targeting to convert about 50,000 cars to run on natural gas during fiscal year (FY) 2020/2021 and is currently studying to increase that number in light of the official plan to expand the use of natural gas as fuel for car.

South Valley Egyptian Petroleum Holding Company (Ganope) plans to produce 8.9 million barrels of oil during FY 2018/2019.

Egypt's Ministry of Petroleum and Mineral Resources has approved its new plan, which includes developing the discovered gas fields, connecting them to the daily production forces, and increasing natural gas production from 4.6bcf/d to 6bcf/d by end 2017.

Speaking at EGYPS 2017's opening speech. the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Ministry is aiming to create an attractive investment environment and turn challenges into opportunities.

The Electricity Ministry is repricing electricity following the increase in fuel prices as a result of the EGP flotation.

Upper Egypt's development plan is going within an integrated system.