State-run Egyptian General Petroleum Corp (EGPC) is seeking 177,000 tonnes of gasoil for delivery into Suez, Alexandria, …
EGPC
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Egypt’s spending on petroleum subsidies fell by 28.7 percent in the 2015-16 financial year to compared to …
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Industry & Trade
Egypt signs $595 mln oil, gas agreements with BP, Eni’s unit
by Yomna Yasserby Yomna YasserEgypt has signed Saturday three agreements for oil and natural gas explorations that are expected to bring …
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Industry & Trade
Kuwait Energy says heralds oil production from Al Jahra SE-1X in Egypt
by Yomna Yasserby Yomna YasserKuwait Energy plc (Kuwait Energy) announced Monday the start of oil production from Al Jahra SE-1X exploration …
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Industry & Trade
Shell announces new gas find in Egypt with 500bn cubic ft reserves
by Yomna Yasserby Yomna YasserRoyal Dutch Shell announced Wednesday a new natural gas discovery in Egypt’s Western Desert. The company said …
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Industry & Trade
Egypt’s GUPCO ups crude oil production to 76,500 barrels/day
by Yomna Yasserby Yomna YasserGulf of Suez Petroleum Co – GUPCO, a joint venture between the Egyptian Government and BP Plc, …
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Financial Institutions
Misr Insurance insures Eni’s supergiant gas find Zohr – Phase I for $4.8 bln
by Yomna Yasserby Yomna YasserEgypt’s Misr Insurance is providing insurance coverage for Italian Eni’s first phase of its giant offshore Zohr …
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Industry & Trade
Shell ups investments 13% despite falling oil prices: Egyptian official
by Yomna Yasserby Yomna YasserOil giant Shell has boosted its investments in Egypt by 13 percent approximately despite the continued declines …
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Industry & Trade
Qalaa: Egypt’s $3.7bn largest refinery project is in ‘final stage’
by Yomna Yasserby Yomna YasserThe Egyptian Refining Company (ERC), a subsidiary of one of Egypt’s largest investment companies Qalaa Holdings, is …
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Industry & Trade
BG Egypt halts some development wells over gas price disagreement
by Yomna Yasserby Yomna YasserBG Egypt has suspended work at some development projects in Egypt after the company could not reach …