Jeffrey Donaldson, UK Prime Minister David Cameron’s trade envoy to Egypt, will meet Thursday Egyptian Minister of …
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Tarek El Molla
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Egypt News
Egypt is ‘suffering’ due to high fuel subsidies: oil minister
by Yomna Yasserby Yomna YasserEgypt’s petroleum minister stated Monday that the country is “suffering” due to fuel subsidies, saying these funds …
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Banks
Credit Agricole, BNP Paribas to fund Egypt’s oil refinery expansion
by Yomna Yasserby Yomna YasserEgypt’s oil refinery MIDOR will finance its planned expansion, borrowing $1.2 billion from French lenders Credit Agricole …
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Industry & Trade
Egypt arrears owed to foreign oil firms surges to $3 billion at end-2015
by Yomna Yasserby Yomna YasserEgypt’s outstanding arrears to foreign oil companies surged to US$3 billion at the end of December 2015 …
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Industry & Trade
Petrobel ups its investments to $1.1 billion in FY2015-16 budget
by aya salahby aya salahEgypt-based joint-venture company Belayim Petroleum – Petrobel is to increase its investments to US$1.1 billion, from US$750 …
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Egypt has signed Monday two oil and gas exploration contracts worth multi million dollars with foreign and …
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Egypt is planning to export gas to Europe by 2025 thanks to two major energy discoveries, Zohr …
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Industry & Trade
Iran’s oil return to boost SUMED volumes says Egypt’s petroleum minister
by Yomna Yasserby Yomna YasserEgypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market …
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Industry & Trade
Egypt’s giant Zohr gas field targets output in 2017
by Yomna Yasserby Yomna YasserEgypt aims to start natural gas production from its massive offshore Zohr field in 2017, a year …
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Industry & Trade
BP to begin north Alexandria gas output in early 2017
by Yomna Yasserby Yomna YasserBritish oil major BP is to begin production at its north Alexandria concession in early 2017 rather …