BP to invest about $1.8 bln in Egypt this year: CEO

BP Chief Executive Bob Dudley on Monday said the company will invest about $1.8 billion in Egypt this year and he expects a crude oil price of $50-65 a barrel over the next year.

Dudley added that the current oil price is healthy and fair and that the market feels balanced.

Ahram online Contribution Time: 12-Feb-2019 07:16 (GMT)
Ahram online Last Update Time: 12-Feb-2019 07:16 (GMT)