Egyptian Prime Minister said the country expects to receive $1.5b in loans from the World Bank and African Development Bank (AFDB) by the end of 2015. The decision comes as part of the country's efforts to boost fore ...
Oman Oil Refineries & Petroleum Industries Company (Orpic) has launched a multi-million dollar bidding round for the installation of a flare gas recovery project at the company’s Sohar refinery
Further stabilization of oil prices is likely to help lower inflation in Russia, allowing the central bank to reduce rates at a faster pace, the World Bank said Monday as it raised the economic outlook for the country.
Egyptian President Abdel-Fattah El-Sisi ratified a $500m loan agreement with the World Bank to fund the expansion of the national natural gas grid, where 1.5m households will be added to the grid.
A World Bank tribunal has ordered Venezuela to pay oil service company Tidewater around $46 million in compensation for seized vessels, in a decision the South American country hailed as a victory.