Russia | Egypt Oil & Gas - Part 32
Saudi Arabia Drops Oil Prices for Asian Markets
Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.
Egypt, Russia Conclude Dabaa Nuclear Plant Agreement
Egypt and Russia concluded all terms of the agreement concerning the construction of a nuclear power plant in El Dabaa.
Egypt Negotiates LNG Imports
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.
Putin to Boost Oil Output via Arctic Gate Terminal
Russian President, Vladimir Putin, has ceremoniously opened the Arctic Gate marine oil terminal on the Yamal Peninsula, which is to provide access for Russia's Arctic-sourced crude to both European and Asian markets.
Morocco Approaches Russian Energy Investments
A Moroccan energy official said that a number of investment opportunities were proposed to the Russian gas and oil companies during a joint working group held in Moscow.
Egypt to Ink Dabaa Nuclear Plant Final Contract Soon
Egypt's Minister of Electricity and Renewable Energy, Mohamed Shaker, affirmed that the final binding contract for the Dabaa nuclear plant, that will remain in effect for 60 years, is to be endorsed soon.
Iran, Russia Sign Agreement for Energy Cooperation
National Iranian Oil Company (NIOC) and state-owned Russian oil refinery have inked a non-disclosure agreement whereby the Russian side will conduct studies on two Iranian oil fields.
USA Becomes World’s Largest Oil Reserve
Recoverable oil reserves in the US has currently surpassed those in Saudi Arabia and Russia, making the US the world’s biggest country with oil reserves, according to an evaluation published by a Norway-based indepen ...
