Oil, Gas Sector to Witness Remarkable Convening Events
The oil and gas sector will witness holding many remarkable events.
News / Egypt
Egyptian Government to Decide on Fuel Pricing
The Egyptian government is tasking a high-level committee to file recommendations, unbinding though, to the Cabinet about whether or not to increase fuel prices according to the new pricing indexation mechanism, said a spokesperson of the Ministry of Petroleum and Mineral Resources Hamdi Abdel Aziz to Al Hekaya TV talk show.
Oil Trade Balance Records Surplus
The oil trade balance recorded a surplus for the first time since Fiscal Year (FY) 2012/13, registering $8.1 million as a result of the leap in investments in the oil and gas sector, a press release by the Central Bank of Egypt (CBE) indicated.
Chile Embassy Celebrates 209 Chile National Day in Cairo
The Embassy of Chile in Cairo has celebrated the 209 Chile National Day, marking the independence anniversary from the Spanish colonial rule on September 18, 1810.
Agiba Petroleum Increases Crude Oil Production to 45,000 b/d
Agiba Petroleum Company has increased its crude oil production to nearly 45,000 barrels per day (b/d) from its fields in the Western Desert and the Gulf of Suez, a source at Agiba Petroleum said to Amwal Al Ghad newspaper.
EGPC to Extend Crude Oil Importation from Kuwait
The Egyptian General Petroleum Corporation (EGPC) plans to extend importing crude oil from Kuwait, an official source told Al Maal Newspaper.
Eni to Link Zohr’s Well 13 to Production Next Week
Rome-based Eni S.p.A. plans to link well number 13 of offshore Zohr gas field, located at the Mediterranean, to production by next week, a source at the petroleum sector told Al-Borsa Newspaper.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
El Molla Reviews EGYPS Preparations
Minister of Petroleum and Mineral Resources Tarek El Molla has reviewed preparations related to EGYPS conference, due to be held in Cairo on 11-13 February, 2020, a press release said.
Shell Egypt Convenes 6th Round of Technological Entrepreneurship Conference
Under the slogan “Together Anything Is Possible”, Shell Egypt held the sixth edition of a two-day conference about technological entrepreneurship at Sahl Hashish in Hurghada, a press release stated.
