Mohamed Shoeib, CEO of the energy division at Citadel Capital, thinks that subsidies that countries like Saudi Arabia provide Egypt with are not a solution
Category: Mena
Israel in Oil Business Talks with Egypt
The leadership of Israel’s giant oil company, Leviathan, said that they had signed a preliminary agreement with British oil and gas firm, BG Group, to
Circle Oil Finds Gas in Morocco
The Irish Oil & Gas exploration firm Circle Oil has announced the discovery of gas in Morocco. The Limerick-based group said it encountered gas at
Iraq Crisis Pointing to Canadian Oil Sands’ Strategic Importance
The escalating crisis in Iraq and the looming geopolitical turmoil in the Middle East have highlighted the urgent need to increase output of Canada’s oil
Oman’s Gas Consumption Nearly Doubles by 2020
The Oman Power & Water Procurement Company (OPWP) expects gas consumption in the electricity and water desalination sector to increase from the current annual volume
Jordan Goes Nuclear by 2020
Jordan is planning to build its first nuclear plant by the year 2020 to meet the anticipated growing power demands and avoid electricity outages affecting
Saudis to Build Multi-billion Phosphates City
Saudi Arabia, the world largest oil producer and exporter, is planning to build a city dedicated to the mining, processing and trading of phosphate-based products.
Morocco’s OCP Set to Increase Its Market Share
Morocco’s state-run company OCP, the world’s biggest phosphate exporter, is planning to increase its market share of fertilizers to 40 pc by 2020, according to
Jordan’s JPMC Teams Up Arab & foreign Companies to Boost Phosphate Output
Jordan Phosphate Mines Company (JPMC) mulls setting up a $1.55 billion worth of joint Arab and foreign ventures in a bid to increase production of