World has to invest $25 tln in oil capacity over next 25 years: Aramco CEO
Demand for oil and gas will continue to grow for the next few decades and any fall in capital investment for the…
Browsing Tag
gas
Moukhtar Ibrahim executes residential project in New Cairo with 143m pounds
Egypt’s Contracting Company - Moukhtar Ibrahim is executing a residential project in New Cairo City with total cost…
Oil Ministry implements 11 development projects with $17bn-investments
The Ministry of Petroleum plans to implement 11 projects to develop gas fields in cooperation with foreign…
European stocks close lower; December non-farm figures disappoint
European stocks closed lower on the last trading day of the first week of 2017 after the release of the December…
Italy’s Edison to explore gas and oil in Egypt with $86mln
Egyptian Natural Gas Holding Company (EGAS) signed a new oil agreement with Italy's Edison to explore and produce…
Monthly consumption of oil, gas rises to 6.7m T/mon: Egypt’s El-Molla
Egypt's monthly consumption of petroleum products and natural gas increased to 6.7 million tonnes, 30 percent of…
Egypt signs 3 oil, gas exploration deals worth $220mn
Egyptian Petroleum Ministry signed three new agreements for exploring gas and oil in the Mediterranean Sea on…
Egypt signed 8 deals to find energy reserves in FY2015-16
Egypt's petroleum ministry said it signed in 2015/16 eight agreements with six international and local companies to…
Obama bans oil drilling ‘permanently’ in millions of acres of ocean
Outgoing US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of…
Eni agrees to export part of Shorouk concession
The Italian gas company Eni has agreed with the Egyptian government to export part of the gas produced from Zohr…