Features / Political Review

Petroleum sector under reform

Officials, investors and experts are keeping a close eye on the reform steps that have been taken by the Ministry of Petroleum. Since the pricing of gas exportation has been the core of a vigorous public attack on the Ministry, most of the present reform attempts have tackled this problem to ease the public anger and fortunately, they achieved some positive results. Yet, more efforts are need to be on the right reform track

Economic turmoil… set our protests aside

There are no new foreign investments in Egypt... economic losses are in billions and the country will go bankrupt in three months... all are lies the Egyptian economy will flourish... etc., over the last few weeks contradicting announcements made by top officials about the economic situation in Egypt has raised lots of questions among investors and citizens as wellt

To export or not to export…

Currently, there is no voice louder in the Ministry of Petroleum than amending the gas contracts with other countries. The people's revolution came to make the voice of the people heard and sometimes a strong factor in changing political scenes. Hence, will all Egyptian gas contracts be reviewed?

The other face of revolution

Egypt has been wholly transformed, whether socially, economically or politically. Over the past weeks, analysts have been observing the changes and studying the various effects of such transformation of the whole country in general and of the petroleum sector in specific. The question that should be raised, to which extent has the petroleum industry been affected?

Egypt is not Libya

When Muammar Gaddafi's son said that Libya is not Egypt, in one of his TV appearances after demonstrations started in Libya, he was definitely right. Egypt itself just went through a major change, but it was totally different from what is currently happening in Libya. Egypt's demonstrations were wholly white, for instance it did not seek blowing up petroleum infrastructure as in Libya. Italian group Eni SpA, which in Egypt is a major producer with more than 200,000 barrels of oil per day, commented on Libya's events ''There has been a major change in Egypt; we did not lose one barrel, so a change does not necessarily mean an impact on our production''

Fostering investments In a fiery country

Is it time to invest in the Egyptian market, or will the current local and international political and social instability hinder more investments to come?

Exploring the brighter side

Looking back at a year filled with ups and downs, one cannot disclaim the role that the Ministry of Petroleum played to expand Egypt's relations with other countries... and yet more to come

Wiki-leaking the oil and gas community

Whether it's Julian Assange or other partners, Wikileaks was just the bomb that dropped hard towards the end of this year. This year saw the BP gulf oil crisis in addition to some other problems and it would not handle a new hit to the oil and gas industry.

When oil solidifies political ties

Too many success stories of the Egyptian petroleum sector crown the celebration of the Petroleum Day this month. Strengthening bridges connecting not only the companies operating in the Egyptian territories, but also connecting the Egyptian petroleum industry to its counterparts, has proven the vitality of the Egyptian industry on all levels

So long our beloved gas!

"We have to stop exporting Gas instantly," replied an official petroleum source angrily when asked the late power cuts due to the shortage of gas supplies to the power stations, condemning the Israeli deal for this shortage!

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