Egypt’s consumption of petroleum products dropped by around 7.4% year-on-year (YOY) in October 2018 to 2.749 million tons, compared...

China’s ZhenHua Oil Company, through its subsidiary North Petroleum International Company, acquired a 4% stake at the onshore concession...

Egyptian butane imports decreased by 40.34% year-on-year (YOY) reaching 126,000 tons in October 2018, compared to 211,200 in October...

Maridive Group’s total financial statements revealed that the company’s profit increased by 24.4% during the first nine months of...

Minister of Petroleum and Mineral Resources, Tarek El Molla, headed an Egyptian delegation attending the Organization of Arab Petroleum...

Egypt pays around $450 million per month for fuel imports in order to cover local demand, an official source...

Egypt signed over 12 exploration and production (E&P) agreements with international oil companies (IOCs) during 2018, Minister of Petroleum...

Electricity ministry’s debts to the Egyptian General Petroleum Corporation (EGPC) reached EGP 150 billion at the end of November...

Saipem is in talks with Belayim Petroleum Company (Petrobel) over a $1.2 billion worth offshore contract addendum for an...

The Egyptian Natural Gas Holding Company (EGAS) plans to add 1.5 billion cubic feet per day (bcf/d) to the...