Egypt’s Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing …
Tarek El Molla
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Egyptian Oil Minister issued a decree Tuesday to appoint Chairman of Gulf Of Suez Petroleum Co.( GUPCO), …
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Industry & Trade
Egypt inks oil and gas exploration deals with US IPR, Cyprus Mediterra
by Yomna Yasserby Yomna YasserEgyptian Minister of Petroleum Tarek el-Molla signed two agreements for oil and gas exploration in Upper Egypt …
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Egyptian petroleum sector is currently executing new refining projects with investments estimated at US$7.7 billion, Petroleum Minister …
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Egypt News
Egypt narrows arrears owed to foreign oil companies to $3.4 bln
by Yomna Yasserby Yomna YasserEgypt has reduced the arrears it owes to foreign oil companies to $3.4 billion in 2015/16 from …
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Egypt News
Egypt energy subsidy bill fell 27% in 9 months of FY2015/16: official
by Yomna Yasserby Yomna YasserEgypt’s energy subsidy bill reached 41 billion Egyptian pounds ($4.62 billion) during the first nine months of …
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Tech news
OTC 2016: onshore, offshore exploration success puts Egypt in spotlight
by Yomna Yasserby Yomna YasserEgypt’s energy sector has come a long way in five years, resetting itself from unstable to energized …
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Industry & Trade
Egypt signed 64 oil and gas deals in two years and half: minister
by Yomna Yasserby Yomna YasserTo date, Egypt has signed around 64 oil and gas exploration agreements worth $14.3 billion with international …
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Industry & Trade
Egypt’s Zohr gas field to produce 1 billion cubic feet/day by end-2017
by Yomna Yasserby Yomna YasserEgypt has agreed with Italy’s Eni to commence production of 1 billion cubic feet per day of …
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Egypt News
More Upper Egypt commercial, industrial businesses will be gas-connected in June
by Yomna Yasserby Yomna YasserEgypt is planning to connect around 1,600 commercial and industrial customers in the Upper Egyptian region to …