Egypt signed a new oil exploration agreement worth around $9 million with U.S. oil company Apache, the …
egyptian general petroleum corporation
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Egypt renewed a contract to import 12 million barrels of Iraqi crude oil over the next year, …
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Industry & Trade
Egypt signs $2.4 mln oil and gas deal with Trident Petroleum
by Yomna Yasserby Yomna YasserEgypt signed Saturday a new oil agreement with Trident Petroleum to explore oil and natural gas in …
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Industry & Trade
Iraq to send 2 million barrels of crude oil on Tuesday: Egypt’s EGPC
by Yomna Yasserby Yomna YasserEgypt is set to receive Iraq’s first crude oil shipment on Tuesday, amounting to 2 million barrels, …
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A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to …
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Industry & Trade
Egypt studies opening negotiations with Israel to drop gas fines
by Yomna Yasserby Yomna YasserEgypt’s government is studying offers to open negotiations with Israel again in an attempt to drop the …
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Industry & Trade
Swiss court orders Egyptian energy companies to compensate Israel
by Yomna Yasserby Yomna YasserA Swiss court has rejected an appeal by Egyptian energy companies after a French court last year …
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Industry & Trade
Rosneft purchases Egyptian crude for first time in tender
by Yomna Yasserby Yomna YasserThe trading arm of Russia’s state oil firm Rosneft has bought three cargoes of Egypt’s heavy sour …
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Industry & Trade
Iraq to start supplying Egypt with 1M oil barrels/month in days
by Noha Gadby Noha GadIraq is set to start supplying Egypt with one million barrels of light crude oil per month …
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Industry & Trade
Qalaa: ERC’s refinery will save Egypt $1.8 billion annually
by Yomna Yasserby Yomna YasserThe Egyptian Refining Company’s (ERC), anticipated oil refinery project will save Egypt between $1.5 billion and $1.8 …