petroleum

Egypt says awards oil, gas prospection contracts
Egypt

Egypt says awards oil, gas prospection contracts

Egypt said on Tuesday it awarded contracts for a minimum investment of $1.2 billion in eight oil and gas prospection…
Central Bank: Egypt can meet import needs
Business

Central Bank: Egypt can meet import needs

Egypt can meet its demands for petroleum and food imports, despite its troubled economy, according to Central Bank of Egypt…
Inside oil and gas industry, serious disgruntlement
Business

Inside oil and gas industry, serious disgruntlement

International oil and gas companies see great potential in Egypt, but say they are frustrated with the current state of…
Egypt to pump full gas supplies to Jordan by mid-December
Egypt

Egypt to pump full gas supplies to Jordan by mid-December

Egypt will pump the full amount of natural gas to Jordan as specified in a previous agreement by mid-December, according…
Oil exports increased by 8.9% to pay off debts
Business

Oil exports increased by 8.9% to pay off debts

Sources within the Petroleum Ministry said Monday that the ministry has increased exports of liquefied natural gas through the Damietta…
Authorities increase oil supply to meet summer demand
Egypt

Authorities increase oil supply to meet summer demand

The Egyptian General Petroleum Corporation is preparing for an increase in demand for oil during the summer months. EGPC head…
Govt asks for LE109 billion in subsidies for petroleum products
Egypt

Govt asks for LE109 billion in subsidies for petroleum products

The government will ask parliament to allocate LE108.9 billion or more in subsidies for petroleum products in the budget for…
EGPC delays naphtha shipments after fire at refinery
Business

EGPC delays naphtha shipments after fire at refinery

Egyptian General Petroleum Corporation (EGPC) has delayed naphtha shipments for April after a fire at its 146,300 barrels-per-day Nasr refinery…
Egyptian authorities put out Suez fire after four days
Egypt

Egyptian authorities put out Suez fire after four days

The Egyptian authorities on Tuesday said they put out the fire that broke out in the Nasr Petroleum Company in…
Suez schools evacuated as fire continues at Nasr Petroleum Company
Egypt

Suez schools evacuated as fire continues at Nasr Petroleum Company

Suez’s Taawoneyat Preparatory School and other schools were evacuated on the orders of school officials Tuesday, as a fire continues…
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