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Egyptian Ministry of Petroleum and Mineral Resources announced the signing of three new agreements on drilling 15 exploration wells for oil and gas in the country for a total of 139 million 200 thousand dollars. The agreement on the drilling of two wells in the waters of Nour on the Mediterranean shelf worth $105 million is concluded with the Egyptian companies Egas and Tharwa and the Italian oil and gas concern Eni. The second agreement with the corporation Egyptian General Petroleum, Eni and the Croatian INA Naftaplin provides drilling of 9 exploration wells worth 11 million 700 thousand dollars in the Raas Gatara region in Western Sahara. The Egyptian Ministry also entered into an agreement with Egyptian General Petroleum Corporation, Eni and British BP to drill four oil and gas wells in the Nidoko area of the Nile Delta for $22.5 million.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
Oil prices steadied on Tuesday, stuck in narrow ranges as investors pinned hopes on fuel demand recovery amid renewed lockdowns due to rising coronavirus cases. Prices were supported by positive news on vaccine development as medical institutions ...
On Monday, U.S. international banking giant Goldman Sachs (G.S.) said that it would resume negotiations with the Malaysian government this week to hammer out a multi-billion dollar financial settlement lost in a scandal at sovereign fund 1Malaysian ...
Glenmark Pharmaceuticals Ltd was given a notice by the Drug Controller General of India (DCGI) on overpricing and false claims of its generic version of favipiravir, FabiFlu, according to local media reports, sending the company’s ...
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