Features

Editorial Team

  • Peak Oil Demand: Just Around the Corner?
    Overview

    Peak Oil Demand: Just Around the Corner?

    Sunday, 3rd December 2017

    The market used to worry about peak oil supply. The focus has shifted to peak oil demand as the industry witnesses a structural decline in demand from the developed world, and questions the appetite of the emerging world to grow at the insatiable rates experienced over the past 15 years.

  • Is the Gulf Ready for VAT
    Politics

    Is the Gulf Ready for VAT

    Sunday, 3rd December 2017

    As government finances of all six Gulf Cooperation Council (GCC) member states continue to deteriorate due to low global oil prices, finding a new source of income for the government that is unrelated to oil has become vital. Hence the introduction of a 5% value added tax (VAT), the region’s first ever tax levied on products and services.

  • Lessons from Existing Discoveries: THE GEOLOGY OF THE EASTERN MEDITERRANEAN BASIN
    Expert Opinion

    Lessons from Existing Discoveries: THE GEOLOGY OF THE EASTERN MEDITERRANEAN BASIN

    Wednesday, 1st November 2017

    Recently, the Eastern Mediterranean has become an important region for natural gas production. It is the home to large hydrocarbon resources, even though the countries in the region—excluding Egypt—have been slow to find them. If these resources are successfully developed, they could dramatically change the energy situation for the region.

  • Were Subsidy Cuts the Main Driver Behind the Fall of Butane Cylinders’ Consumption?
    In Focus

    Were Subsidy Cuts the Main Driver Behind the Fall of Butane Cylinders’ Consumption?

    Wednesday, 1st November 2017

    Elimination of energy subsidies have been the focus of the Egyptian government since 2014, resulting in gradual, yet significant, increases in prices throughout the local market. As a core staple in Egyptian households, butane or liquefied petroleum gas (LPG) cylinders were often exempt from the different rounds of price escalations; however, encouraged by the reform measures in line with the $12b IMF loan program, in November 2016, the official price of LPG cylinders jumped from EGP 12.5 to EGP 15 per cylinder.

  • Fluctuations of Diesel Consumption: A MARKET SHIFT OR RATIONAL USAGE?
    In Focus

    Fluctuations of Diesel Consumption: A MARKET SHIFT OR RATIONAL USAGE?

    Wednesday, 1st November 2017

    The prices of petroleum products have recently changed after the latest government amendment to the energy subsidies in June of this year, increasing fuel prices by at least 50%, according to the ministry of electricity statements. The government’s aim by the increase is to reduce the total amount of petroleum products subsidies to EGP 110 billion in fiscal year (FY) 2017/2018, according to an earlier statement by Tarek El Molla, the Minister of Petroleum.

  • OPEC Oil Deal: Between Promises and Frustration
    Politics

    OPEC Oil Deal: Between Promises and Frustration

    Wednesday, 1st November 2017

    Cairo – Decypha: In an attempt to prop up the oil prices, the Organization of the Petroleum Exporting Countries (OPEC), along with 11 non-members, decided in November 2016 cut oil production as they battle a global glut of crude to push oil above $50 a barrel in 2017.

  • Egypt’s Gas Merry-go-Round
    Insight

    Egypt’s Gas Merry-go-Round

    Thursday, 12th October 2017

    Egypt’s gas landscape will change profoundly over the next five years. After swinging from the world’s eighth largest LNG exporter in 2009 to the world’s eighth largest LNG importer in 2016, the wheel is set to turn again.

  • Exploring the Forward Move: Interview with the Vice Chairman for Gas Regulatory Affairs
    Interview

    Exploring the Forward Move: Interview with the Vice Chairman for Gas Regulatory Affairs

    Tuesday, 10th October 2017

    What is the number one common misconception about the new gas law? The Vice Chairman for Gas Regulatory Affairs answers all our questions in an exclusive interview on EOG.

  • The Influential Role of Iran on OPEC’s Welfare
    Politics

    The Influential Role of Iran on OPEC’s Welfare

    Monday, 9th October 2017

    Fluctuating global oil prices for the past three years have continually hurt both government and private sector oil investors. The near halving of oil prices overnight since mid-2014 came six months after the US lifted economic sanctions placed on Iran since 2011.

  • The Fueling Effect of Natural Gas in Egypt’s Electricity  Sector
    Overview

    The Fueling Effect of Natural Gas in Egypt’s Electricity Sector

    Friday, 6th October 2017

    Natural gas was the most recently discovered source of fossil fuel in Egypt, and it was left up to the discretion of the government to direct it towards the channels that would best serve the country. Due to the almost non-existent conversion costs, the government chose to use natural gas in power stations.

  • Phase III: Khalda Increases Gas Production at Hydra Field
    Projects

    Phase III: Khalda Increases Gas Production at Hydra Field

    Thursday, 5th October 2017

    Khalda Petroleum Company (KPC), an Egyptian joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and the US firm Apache, launched the Hydra Gas Development project at its Hydra pressured gas condensate field in the country’s Western Desert.

  • The Real Influence of Saudi Arabia in the Oil Price Game
    Politics

    The Real Influence of Saudi Arabia in the Oil Price Game

    Wednesday, 6th September 2017
    When it comes to influencing global oil prices by manipulating production levels, many politicians and economists agree that no country is more powerful than Saudi Arabia, the second biggest oil producer in the world after Russia. This was most evident when oil prices dropped from $105 a barrel mid-2014 to a low of $30 a barrel early 2016 at the behest of Saudi Arabia officials to fight off a shale gas boom in the USA.
  • Egypt’s Refineries: A COMPLETE PICTURE
    Overview

    Egypt’s Refineries: A COMPLETE PICTURE

    Wednesday, 6th September 2017
    In Egypt, nine out of ten oil refineries are run by the state. This setup meant that investments in oil refineries never measured up to crude oil extraction investments, which had always relied on international firms such as Apache and BP.
  • GCC’s Oil Giants’ Struggle between CRUDE SLUMP AND RENEWABLE PATH
    Overview

    GCC’s Oil Giants’ Struggle between CRUDE SLUMP AND RENEWABLE PATH

    Wednesday, 9th August 2017
    In the last decades, generating energy from renewable resources might have been seen as a luxury, however, within the volatility in oil prices, increasing energy consumption, and climate change, shifting to a more sustainable source of energy has become a matter of global survival.
  • Qatar Crisis: DOES IT AFFECT EGYPT’S OIL INDUSTRY?
    Research & Analysis

    Qatar Crisis: DOES IT AFFECT EGYPT’S OIL INDUSTRY?

    Wednesday, 9th August 2017
    The diplomatic crisis involving Qatar, Egypt, and the members of the Gulf Cooperation Council (GCC) presented new figures following Egypt’s latest threat against Doha.
  • GUPCO REHABILITATION PROJECT AT M-36
    Projects

    GUPCO REHABILITATION PROJECT AT M-36

    Wednesday, 5th July 2017
    The Gulf of Suez Petroleum Company (GUPCO) launched the Rehabilitation Project as a major ongoing commitment by GUPCO and its shareholders to address the integrity of the company’s main complexes, which are between 21 and 47 years old.
  • QATAR CRISIS AND ITS IMPACTS ON THE PETROLEUM INDUSTRY
    Politics

    QATAR CRISIS AND ITS IMPACTS ON THE PETROLEUM INDUSTRY

    Wednesday, 5th July 2017
    In June 5, Egypt, Saudi Arabia, the United Arab Emirates (UAE), Bahrain and other Arab countries cut diplomatic ties with Qatar in a coordinated move after allegations that Doha supports terrorist organizations and interferes in the internal affairs of countries in the region.
  • TECHNOLOGY,  The Achilles Heel of Fuel Productivity
    Research & Analysis

    TECHNOLOGY, The Achilles Heel of Fuel Productivity

    Wednesday, 5th July 2017
    Information systems and technologies play an important role in the oil and gas industry. Firms perpetuate information technology (IT) into their global operations in order to promote tighter controls, unleash productivity, and boost efficiency.
  • QHSE: THE INDUSTRY’S STAMINA
    Research & Analysis

    QHSE: THE INDUSTRY’S STAMINA

    Wednesday, 5th July 2017
    The oil and gas industry is involved in a high-risk business where any error can result in potential damages to the health and safety of its staff, as well as negatively affect the environment. Accordingly, Quality, Health, Safety and Environment (QHSE) Management should be prioritized by any successful oil and gas organization that wants to build a healthy and safe working place for its employees and further protect the environment in which it operates.