The Vitol Group confirmed that it is in exclusive negotiations with Shell Oil Products Africa for the potential acquisition of equity in their downstream businesses in 19 countries in Africa, subject to final negotia ...
Why do we need foreign assistance to develop our fields? Is not the Egyptian expertise capable of conducting field development plans, which have been a key focus in the industry?
As the Gulf of Mexico oil leak continues to dominate headlines, Egypt experienced its own oil-related ecological threat, however, its source remained undercover
Although everything is usually subjected to alternating periods of good and bad fortune or even high and low spirits as well as smart and failure management, here in Egypt we tend to pause or suspend life temporarily ...
''In fact, it is not a burden as working without a cost recovery is not risky for us since it has the shape of the usual investment projects in other countries,'' Dr. Hans-Hermann Ecke, General Manager of RWE Egypt, ...
Last July, the U.S. House of Representatives voted to end the federal moratorium on deepwater drilling for oil companies, imposing new federal safety requirements. The proposal to end the moratorium was an amendment ...
When lightning struck on or near a petroleum tank at the Magellan Midstream Partners distribution terminal in Kansas City, Kansas, in 2008, the tank, containing approximately 1.2 million gallons of unleaded gasoline, ...
Egypt's economy has long been one rich in resources and potential, with the petroleum and gas field currently at the helm of resource development. While much of the global economy has been consumed by the difficultie ...
"And for the sake of our economy, our security, and the future of our planet, I will set a clear goal as president in 10 years… We will finally end our dependence on oil from the Middle East," announced the U.S Presi ...