The electrical loads witness stability all over Egypt on the national grid, in conjunction with uninterrupted electricity generation in various governorates, as well as a regular supply of fuel for power plants (natural gas or mazut), citing Amwal El Ghad.
The value of the petroleum sector’s imports of monthly fuel retreated to nearly $900 million in August 2019, by about $300–400 million during the same period a year earlier, an official source in Egyptian General Petroleum Corporation (EGPC) reported to Amwal El Ghad.
Eni announced the discovery of new resources in the Abu Rudeis Sidri development lease in the Gulf of Suez, where Petrobel, equally held by Eni and the Egyptian General Petroleum Corporation (EGPC), drilled an appraisal well of the discovery of Sidri South last July.
Damietta Port ِAuthority’s Chairman, Waleed Awad, has received an Italian delegation from the Port of Bari, the Italian Chamber of Commerce, and some Italy’s logistics firms, aiming to highlight Egypt’s strategy to be regional energy and logistic hub.
RGS Energy announced that it has obtained the accreditation from Egypt's New and Renewable Energy Authority (NREA), as it will be able to implement connectivity projects on the national electricity grid.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued new reassignments for the heads of companies belonging to the petroleum sector, in addition to the Deputy Executive Chairman for planning and projects' affairs in the Egyptian General Petroleum Corporation (EGPC).
The Egyptian Natural Gas Holding Company (EGAS) announced in its annual report for the fiscal year (FY) 2018/19 that it will launch a new international bid round during the FY 2019/20 on the western part of the Mediterranean Sea to attract more foreign investment.
The Egyptian Natural Gas Holding Company (EGAS) has issued its annual report for the fiscal year (FY) 2018/19.
Town Gas successfully converted 66,000 units to run on natural gas, with an accomplishment rate of 111%.
Dragon Oil, the fully owned exploration and production (E&P) platform of Emirates National Oil Company (ENOC), announced that it has acquired the stake of BP at the Gulf of Suez Oil Company (GUPCO) after obtaining the approval from the Egyptian Ministry of Petroleum and Mineral Resources.
