petroleum
Egypt’s EGPC offers 15 blocks in latest bid round
Business
September 22, 2011
Egypt’s EGPC offers 15 blocks in latest bid round
State-owned Egyptian General Petroleum Corporation (EGPC) said it was offering 15 blocks in its 2011 oil and gas bid round.…
BP project in Idku raises environmental concerns
Environment
September 20, 2011
BP project in Idku raises environmental concerns
Plans to build a British Petroleum (BP) onshore gas processing plant in Idku, a town east of Alexandria and a…
Revised gas export contract with Jordan adds US$250 million in annual profits
Business
September 7, 2011
Revised gas export contract with Jordan adds US$250 million in annual profits
The revised contract for exporting natural gas to Jordan adds an extra US$250 million in annual profits for Egypt, according…
Labor protests escalate in Cairo and other governorates
Egypt
September 5, 2011
Labor protests escalate in Cairo and other governorates
Labor strikes and other single-issue protests continued across Egypt on Monday, with students and employees from various state-run bodies demanding…
Long lines at gas stations as North Sinai fuel crisis continues
Egypt
August 18, 2011
Long lines at gas stations as North Sinai fuel crisis continues
The North Sinai Governorate, specifically the city of Arish, is witnessing a severe petroleum crisis, leading to traffic congestion and…
Finance Ministry earmarks US$300mn to fund petroleum purchases
Egypt
July 25, 2011
Finance Ministry earmarks US$300mn to fund petroleum purchases
Egypt’s Finance Ministry allocated US$300 million in mid-July for the Egyptian General Petroleum Corporation to purchase petroleum throughout the first…
Petroleum Minister: Foreign companies committed to investments
Business
June 12, 2011
Petroleum Minister: Foreign companies committed to investments
The majority of foreign companies in the field of oil and natural gas development and exploration are committed to their Egyptian investments,…
Finance Ministry to allocate LE13.5 bn to EGPC
Business
June 5, 2011
Finance Ministry to allocate LE13.5 bn to EGPC
The Finance Ministry has earmarked LE13.5 billion for the Egyptian General Petroleum Corporation (EGPC) in the new state budget to…
Egypt reviews natural gas contracts
Business
March 23, 2011
Egypt reviews natural gas contracts
The Egyptian Petroleum Ministry is reviewing natural gas sale contracts in an effort to create a new policy that will…
Qatar supplies Libyan rebel cities with petroleum
Egypt
March 16, 2011
Qatar supplies Libyan rebel cities with petroleum
The Gulf state of Qatar has supported the Interim Transitional National Council in the rebel-held Libyan city of Benghazi with…