Tag: developments
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Developments of the Oil and Gas Sector in Iran within the Seventh Development Plan (Article)
Read in this article • The plan aims primarily to address the biggest economic problems facing the country • The Sixth Development Plan faced major challenges in the petroleum industry • The policies of the Seventh Development Plan do not provide a clear pattern of development and transformation in the oil and energy sector •…
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Egypt announces the developments of its huge petrochemical production project
Petrochemical production in Egypt is witnessing increasing interest from the government, in light of the great importance this sector represents in supporting the national economy. Within this framework, Egypt announced today, Thursday, May 11, 2023, the developments of its large project, represented in an integrated industrial complex with international specifications for the production of petrochemicals.…
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Russia’s Lukoil announces important developments regarding its investments in Ghana and Cameroon
The Russian Lukoil company disclosed new developments regarding its investments in the oil and gas sector in West African countries, especially Ghana and Cameroon. And the company announced its readiness to submit the final plan for the development of the offshore Ghana field to the regulatory bodies in Ghana, in preparation for making the final…
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The Egyptian Minister of Petroleum discusses oil and gas developments with industry leaders (photos)
On the sidelines of his participation in CERA Week 2023, held in the American city of Houston, the Egyptian Minister of Petroleum, Eng. Tarek El-Molla, met with a number of senior US officials and heads of international companies working in the field of oil and gas. Al-Mulla held discussions throughout Monday, March 6 (2023), which…
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Moscow responds to developments in the ceiling of Russian oil prices
Moscow described the “waivers” of the Russian oil price cap as tangible evidence of continued demand for Russian supplies. On Tuesday, February 7 (2023), the European Commission published an explanation of the decision to impose a price cap on Russian oil products, in which it specified the cases to which the price ceiling does not…