Egypt’s petroleum exports profit increased by around 33.14% year-on-year (YOY) as the country exported petroleum worth $8.773 billion in...

HSBC-led consortium of international and Gulf banks will provide a $1 billion loan for the Petroleum Export Limited, which...

Egypt will start trial operations at the Mostorod refinery complex in December 2018 and prepare for the actual operations...

Engineering for the Petroleum & Process Industries (Enppi) has signed a contract with three banks to manage the company’s...

Egypt has successfully added 40 trillion cubic feet (Tcf) of natural gas to reserves from four major projects during...

Noble Energy has sold its 43.5% stake in Israel’s Tamar natural gas field, a week after announcing that it...

Egypt’s fuel subsidies bill is expected to reach EGP 100 billion in fiscal year (FY) 2018/19 due to the...

Electricity production in Egypt jumped by 4.6% year-on-year (YOY) in June 2018, generating 18.1 megawatts per hour (MWh) compared...

Egypt’s diesel consumption dropped by 2.49% year-on-year (YOY) to reach 1.136 million tons in July 2018, down from 1.165...

Egypt will continue to cut energy subsidies in order to decrease government expenditure, petroleum minister Tarek El Molla said...