BRICS member grants Russian oil giant exploration rights – media

Feb 10th 2025 1:48pm EST

Lukoil will develop the South Wadi Al-Sahel concession in Egypt, the newspaper Al Mal has reported Egypt has granted Russian oil company Lukoil the rights to explore and develop a key area for petroleum production, the newspaper Al Mal has reported, citing sources. The decision by the BRICS member comes a month after the US […]

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