Royal Dutch Shell announced Wednesday a new natural gas discovery in Egypt’s Western Desert. The company said …
Natural gas
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Industry & Trade
Cyprus signs deal with Egypt for natural gas transfer via pipeline
by Yomna Yasserby Yomna YasserCyprus signed on Wednesday a deal on for the transfer of natural gas via pipeline to Egypt, …
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Banks
World Bank approves expanding gas household access to 20 Egypt governorates
by Yomna Yasserby Yomna YasserWorld Bank Group has approved to increase natural gas household access to 20 governorates across Egypt instead …
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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
Egypt can create energy hub with Cyprus and Israel: Eni CEO
by Yomna Yasserby Yomna YasserEgypt will be able to create a hub of energy with Israel and Cyprus, and even Libya …
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Egypt News
Fugitive tycoon Hussien Salem finally reconciles with Egypt government
by Yomna Yasserby Yomna YasserFugitive businessman and Mubarak ally Hussein Salem has completed a reconciliation agreement with the Egyptian government, assistant …
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Financial Institutions
French Development Agency signs Egypt €69 million grants
by Yomna Yasserby Yomna YasserEgypt signed Tuesday two grants totalling €69 million ($77.2 million) with the French Development Agency (AFD). The …
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Industry & Trade
Egypt’s Badr El‐Din ups oil production to 137,000 barrels/day
by Yomna Yasserby Yomna YasserBadr El‐Din Petroleum Company (BAPETCo), a joint venture between the Egyptian Government and Shell, has recently boosted …
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Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home …
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Egypt News
British BP nods investment in Egypt gas field 15 months after discovery
by aya salahby aya salahBritish oil major BP has approved investment in the first phase of developing the large Atoll gas …