Features / In Focus
Flow rate high at Suez Gemsa
Britain-based Circle Oil and Premier Oil have struck oil and natural gas in their onshore North West Gemsa Concession in Egypt Fahmy: Time for Russian ties
Over the past two months, there have been intensive discussions and negotiations between the Egyptian petroleum top officials and their Russian counterparts studying the means to bolster the mutual cooperation between the two countries. Why is Russia becoming today’s world attention? What benefits would the Russian cooperation generate to Egypt? Hady Fahmy, President of the Egyptian Chamber of Petroleum and Mining sheds lights on the fruitfulness of the Russian-Egyptian ties More Russian wave to flood into Egypt
Becoming today’s world hub, economically and industrially, Russia has been symbolizing the ideal gateway for most nations seeking prosperity and wealth by strengthening mutual ties. Following this strategy, Egyptian officials have worked closely with their Russian counterparts to revive the mutual cooperation between the two countries and bring more investments in the country Booming increase in the phosphate market
Since the initiation of the Abu Tartour phosphate project any Egypt three years ago, no fruitful production or achievement were made as planned, leading to an enormous economic loss and a wide public opposition blaming the government for this failure! However, the current unparalleled alternations dominating the phosphate market worldwide has brought lights of hope Tharwa and Elab to join the Stock Market
For a long time, the activity of petroleum companies in the Egyptian Stock Market was considerably limited; only two petroleum companies have been listed in the stock exchange. However, this will no longer be the case as more petroleum corporations are to join the stock world. Coping with the current plans to expand the petroleum participation rate, the Ministry of Finance revealed its intention to vend its shares in Tharwa Petroleum Co. and the Egyptian Petroleum Co. for Alkyl Benzene Production (Elab) Seven blocks of EGAS on the scene
The Egyptian Natural Gas Holding Company (EGAS) invites Petroleum Exploration Companies for EGAS International Bid Round 2008 to explore/exploit for Gas and Crude Oil in seven blocks situated in the Mediterranean Sea basin of Egypt More discoveries booming Upper Egypt
Upper Egypt started a new phase in the history of the Egyptian petroleum industry From one crisis to another
A shortage of subsidized 80-octane gas has spread from Greater Cairo to other parts of the country, as the gasoline completely disappeared from gas stations in light of drivers' rush to buy it due to its low price 
