Iran has drawn up a package for an investment of $25b in the power sector, reported Trade Arabia. “Iran’s power industry is confronted with an average growth of 5 percent (in energy demands) each year whic...
South Africa’s Strategic Fuel Fund (SFF) is seeking to import 24 m barrels of oil a year from Iraq to boost its reserves, reported Reuters. “As part of security of supply, SFF applied for an allocation wit...
In exclusive statements made to Egypt Oil & Gas Amr Mustafa, EGPC Vice Executive Chairman for Operations, said that the quantities of gasoline supplied today had been increased to 22,000 tons from 20,000, for both...
While concluding his visit to the UAE India’s Prime Minister Narendra Modi called on prominent business leaders to invest in India in fields such as infrastructure, energy and real estate to the tune of $1 trill...