Russia | Egypt Oil & Gas - Part 41

Russia Intensifies Military Presence in Arctic Oil&Gas Territories

Russia is building six new military bases in the disputed Arctic territory with an intention to protect its position in the global competition for the unexplored extensive oil and gas reserves, estimated at 90b barre ...

Russia Vies with Saudi in Oil Exports to China

Russia has outrun Saudi Arabia as the largest crude oil supplier to China in November.

Iran Signs $21b Export Deals with Russia

Iran has signed export deals with Russia worth $21b including production and procurement of satellite-related equipment and Superjets.

Turkey-Israel Rapprochement Targets Mediterranean Gas

Turkey and Israel have outlined contours of a long-delayed deal to repair their diplomatic ties after a five-year rift, paving the way for a bilateral agreement on Mediterranean gas pipeline.

Iran on Verge of Sanctions Removal, Nuclear Trade with Russia

Iran’s ambition to have sanctions removed in January is "not impossible", according to the International Atomic Energy Agency.

Russia Objects to US Intransigence over Turkey-ISIS Oil Trade

A Russian air strike destroyed an alleged ISIS oil convoy in the northern outskirts of the Aleppo province in Syria.

Russia Halts Gas Supplies to Ukraine

Disputes between Moscow and Kiev reemerged last week amid Gazprom's disruption of gas supplies to Ukraine, Kiev's ban on Russian planes flyovers, and a recent explosion of power lines on Russian-annexed Crimea.

Egypt’s Nuclear Reactor to Produce Power by 2024

Egypt is due to start producing power from its first of four nuclear reactors by 2024, the country's Prime Minister announced, Reuters reports.

Iran Invites Global Partners for Gas, LNG Ambitions

Iran is dramatically increasing its natural gas export capacity in preparation for the lifting of international sanctions, President Hassan Rouhani said during the second day of the Gas Exporting Countries Forum (GECF).

Russia Furthers Egypt’s Nuclear Power and Suez Industrial Plans

Minister of Electricity Mohammed Shaker explained that nuclear power was a key facet in the government’s strategy to tackle the current energy crisis.

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