Egypt’s Energy Potential
Egypt is not out of the dark, but there is reason to be hopeful. The nation’s energy market reforms and consistent debt repayments have won the attention and approval of international energy companies and investors in the form of significant investment in the Egyptian energy sector. New upstream (exploration and production) oil and gas contracts, a recent increase in renewable energy ventures, and dozens of additional preliminary agreements in both the hydrocarbon and utility sectors are proof of the improved investment climate.
Ivan L. G. Pearson’s In the Name of Oil: Anglo-American Relations in the Middle East, 1950-1958 provides a comprehensive analysis of the extent to which British interests in the Middle East influenced or were furthered by the United States between 1950 and 1958.