Petroleum ministry
Egypt’s debts to foreign oil companies reach US$6.2 billion: minister
Business
October 1, 2013
Egypt’s debts to foreign oil companies reach US$6.2 billion: minister
Minister of Petroleum and Mineral Resources Sherif Ismail has announced that Egypt's debts to foreign companies reached US$6.2 billion by…
Diplomat: Egypt’s subsidized diesel being smuggled to Jordan
Egypt
June 1, 2013
Diplomat: Egypt’s subsidized diesel being smuggled to Jordan
Traffickers use trucks to smuggle around 18 million liters of subsidized diesel a year from Egypt to Jordan, an Egyptian…
Egypt wants bigger share in future oil, gas contracts
Business
April 24, 2013
Egypt wants bigger share in future oil, gas contracts
Egypt will seek a bigger share of production in future oil and gas exploration contracts signed with foreign companies, its…
Contractors blame Petroleum Ministry for fuel shortages, project delays
Business
March 28, 2013
Contractors blame Petroleum Ministry for fuel shortages, project delays
The Contractors Union has demanded the Petroleum Ministry allocate a share of diesel to contractors to ensure that they are…
As diesel shortages continue, impact becomes broader
Business
March 24, 2013
As diesel shortages continue, impact becomes broader
Diesel shortages have become an unfortunate staple of Egypt’s many economic malaises, and as the country’s foreign reserves continue decreasing,…
Govt attempts to settle dispute between energy ministries
Egypt
March 17, 2013
Govt attempts to settle dispute between energy ministries
The petroleum minister met with the electricity minister Sunday to discuss alternatives for operating power plants with the available fuel.…
Diesel supplies raised to face crisis, says supply ministry spokesperson
Business
March 11, 2013
Diesel supplies raised to face crisis, says supply ministry spokesperson
The Supply and Petroleum Ministries have agreed to raise the daily amount of diesel delivered to the market from 32,000…
Egypt’s fuel shortages demonstrate perfect storm of economic pressures
Business
March 4, 2013
Egypt’s fuel shortages demonstrate perfect storm of economic pressures
Long lines at gas stations and electricity blackouts have become a part of everyday life for most Egyptians in the…
Qandil leaves for Iraq
Egypt
March 4, 2013
Qandil leaves for Iraq
Prime Minister Hesham Qandil left Cairo on a private plane this morning on his way to Iraq for a two-day…
Smartcard system for subsidized fuel to start in July
Egypt
February 19, 2013
Smartcard system for subsidized fuel to start in July
Petroleum Minister Osama Kamal announced Monday that subsidized fuel will be distributed through a smartcard system starting in July. The…