Features | Egypt Oil & Gas - Part 136

Ratification of the Petroleum Concession Agreements

The Egyptian constitution, adopted in 2012, stipulated that exploitation rights of ''state properties or public facilities'' shall be granted by a law. On July 3rd the Egyptian army declared the immediate suspension ...

Oil Prices, Unrest and Aid

Second chances are rare in this world. Still, over the course of the last month, Egyptians have possibly created just that. However, the long-term consequences of this ''revolutionary repeat'' remain unknown.

‘Shortages’ manifest in extreme gas lines in weeks leading up to June 30th. 

Extreme gas lines crippled Cairo in the days leading up June 30th. Queues at gas stations reached several hundred meters, worsening Cairo's already congested roadways. Drivers were forced to wait in lines for six to ...

Monthly News

News of the month, know more about the recent activities this industry has shown during June 2013.

Egypt’s Energy Trap

Egypt's energy sector is in profound disarray, at a time when the Egyptian economy would desperately need the proceeds from functioning energy production and trade. Declining reserves and falling production, coupled ...

Uncertainty, Instability and Political Progress?

Egypt's unrest will undoubtedly affect the country's oil and gas sector. The publicly supported military overthrow of former President Morsi left the country in a state of political uncertainty characterized by inter ...

Shell and British Council Egypt Honor Intilaaqah Graduates

For the seventh year in a row Shell Egypt and British Council Egypt honored the graduates of the 'Shell Intilaaqah Egypt' program. The seventh annual awards ceremony was held at the Intercontinental City Stars, El S ...

Kuwait Energy Launches Partnership with Students from Suez Canal University

Kuwait Energy recently announced an educational partnership with the Society of Petroleum Engineers involving students from Suez Canal University. The partnership is part of Kuwait Energy's ongoing efforts to suppor ...

The Elusive IMF Loan

Many investors, politicians, and Egyptian citizens are hoping for a speedy agreement concerning the proposed $4.8 billion IMF loan to Egypt. Investors and businessmen believe that the loan will provide the short term ...

Comparative Subsidy Reform

Egypt's difficulties in implementing subsidy reforms are not uncommon. Many countries have encountered challenges while implementing energy subsidy reform. According to the International Monetary Fund (IMF), reductio ...

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