Despite Downturn, Saudi Arabia Still Bullish on Energy

• Sunday, 4th October 2015
• by Egypt Oil & Gas

The Saudi oil minister, Ali al-Naimi, was quoted by Reuters as saying on Friday that his country is continuing with its investments in the oil and gas industry as well as solar energy despite the current drop in oil ...

Solar Station to Power Tourist Resort for $2.5 Mn

• Monday, 22nd June 2015
• by Egypt Oil & Gas

The Egyptian Resorts Company (ERC) signed a 27-year contract with KarmSolar company to construct a 2 MW solar station with investments amounting to $2.5 mn

Croatia Considers Oil, Gas Exploration’s Threat to Tourism

• Tuesday, 2nd June 2015
• by Egypt Oil & Gas

When Croatia announced in 2013 it would set a tender to explore for oil and gas in its pristine Adriatic waters, the government evoked the hydrocarbon riches of Norway to win over the plan's many detractors.

Saudi: Moving from Oil to Innovation, Service Sector

• Tuesday, 27th January 2015
• by Egypt Oil & Gas

Saudi Arabia’s new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors