Zohr field

Eni keeps production targets as higher oil prices boost profits
Business

Eni keeps production targets as higher oil prices boost profits

Italian oil major Eni (ENI.MI) on Friday reported a 31 percent rise in first-quarter profits, boosted by higher oil prices…
Egypt to increase gas production at Zohr to 700 mcf per day in May: minister
Business

Egypt to increase gas production at Zohr to 700 mcf per day in May: minister

Egypt aims to increase production at its huge Zohr offshore gas field in the Mediterranean to 700 million cubic feet…
Egypt-Isreal gas deal to attract European countries: Financial Times
Egypt

Egypt-Isreal gas deal to attract European countries: Financial Times

UK newspaper the Financial Times (FT) reported on Friday that the gas deal signed between the Israeli company Delek Group…
With new gas deals, Egypt closes in on energy hub goal
Egypt

With new gas deals, Egypt closes in on energy hub goal

Egypt is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez…
International bids for oil exploration to launch in 2018: Petroleum Minister
Egypt

International bids for oil exploration to launch in 2018: Petroleum Minister

Petroleum Minister Tarek al-Mulla announced that international bids for oil and gas exploration in several regions of Egypt will be…
No gas deals with Israel until arbitration cases resolved: energy minister
Egypt

No gas deals with Israel until arbitration cases resolved: energy minister

Egypt will not issue permits to companies to import natural gas from Israel as long as arbitration cases with its…
Eni, BP plan more investments in Egypt than any other country
Business

Eni, BP plan more investments in Egypt than any other country

Eni and BP, Italian and British companies operating in the oil and natural gas excavation field, plan to invest more…
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