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Egypt >> 2/11/2018 - Energy group DEA plans to invest nearly $500 million in developing its oilfields in Egypt over the next three years, its chief executive office said. ... |
Algeria >> 2/8/2018 - Algerian state energy firm Sonatrach will invest $56 billion from 2018 to 2022, its chief executive said. “We will give more details very soon,” Abdelmoumen Ould Kaddour told reporters during a visit ... |
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United Arab Emirates >> 2/7/2018 - A US $3.1 billion project to introduce crude processing flexibility, at the Abu Dhabi National Oil Company (ADNOC) owned Ruwais oil refinery, was announced. ... |
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Egypt >> 2/5/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources recieved Dr. Abby Badawi, CEO of Kuwait Energy Company and Eng. Manssour Aboukhamseen, Executive chairman of the company, as well as En... |
Iran >> 2/5/2018 - Managing director of National Iranian Gas Company (NIGC) Hamid-Reza Araghi said his company has planned to break grounds or launch gas projects with a total investment of IRR 120 billion (roughly $3b)... |
Iran >> 2/4/2018 - The Dey and Sefid Zakhour fields in Iran are among newly discovered gas reservoirs. The close distance between the two fields has led officials to consider their development together. The duo currentl... |
Iran >> 2/2/2018 - Sumar oil field, which was discovered in 2009 in the western province of Kermanshah, is jointly owned by Iran and Iraq. Sumar holds 475 million barrels of crude oil in place, 70 million barrels of whi... |
Russia >> 2/1/2018 - PAO Severstal ("Severstal"; "the Company"), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2018. ... |
United Arab Emirates >> 1/31/2018 - His Excellency Dr Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, has held a series of meetings with government and corporate leaders in Beijing, focused on strengthening the strategic rel... |
Iraq >> 1/30/2018 - The minister of oil confirmed on the Iraqi keenness to invest its oil & gas wealth perfectly to support the national economy. ... |
Norway >> 1/25/2018 - Mime Petroleum AS (together with its subsidiaries referred to as “Mime Petroleum” or “the Company”), a new independent development and production company established earlier this year by Blue Water En... |
Iran >> 1/22/2018 - Iran is planning to hold the 14th International Oil and Energy Exhibition in Kish Island from January 22 through 25. The showcase will put on display the latest investment opportunities in Iran"s oil ... |
Netherlands Antilles >> 1/18/2018 - Tulip Oil Netherlands Offshore B.V. is pleased to announce the Final Investment Decision related to the development of the Q10 gas field. Tulip Oil will now proceed with developing the field which is ... |
United Arab Emirates >> 1/17/2018 - A new report from Middle East Electricity (MEE), the region’s leading annual international trade event for the power industry, states the GCC requires a combined US $131 billion worth of investment in... |
United Kingdom >> 1/16/2018 - Andy Samuel, Chief Executive of the Oil and Gas Authority has welcomed Shell’s announcement that it has made a final investment decision on the redevelopment of the Penguins oil and gas field in the U... |
Russia >> 1/15/2018 - Russian gas giant Gazprom said it plans to invest 182.4 billion roubles ($3.2 billion) this year in the TurkStream pipeline project and another 114.5 billion roubles in Nord Stream 2. Moscow, dependen... |
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Norway >> 1/15/2018 - During 2017, Aker BP increased its reserves (2P) by a net of 202 million barrels of oil equivalents (mmboe), to a total of 913 mmboe. The company delivered significant growth, while simultaneously cha... |
Iraq >> 1/8/2018 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil declared for an agreement with Oren American Company to invest the flare gas which is associated with the oil up-streaming from Bin-Omar oil field ... |
Iraq >> 1/8/2018 - Iraq has reached an initial agreement with U.S. energy company Orion to invest in the production of gas from the Nahr Bin Omar southern oilfield, an oil ministry statement said. ... |
Iraq >> 1/7/2018 - Algerian state energy company Sonatrach will study possible investments in oil exploration and natural gas projects in Iraq, the Iraqi oil ministry said in a statement on Sunday. ... |