Petroleum Ministry Denies June’s Fuel Price Hikes
Any price changes would only be announced in official statements from the Egyptian Cabinet, according to the Ministry of Petroleum’s Spokesman, Hamdy Abdel Aziz.
News / Egypt
El Dabaa Nuclear Plant Receives Site Permit
The Egyptian Nuclear Power Plants Authority (NPPA) obtained a site permit to construct El Dabaa nuclear power plant, said Amged el Wakil, head of the NPPA.
Dragon Oil to Acquire New Asset in Egypt
The newly acquired asset will add around 70,000 barrels per day (b/d) to the company’s production as it has the potential to produce 100,000 b/d.
Dana Gas Production Rises by 5% in Q1 2019
Dana Gas announced an increase in production by 5% in Q1 2019, reaching 68,700 barrels of oil equivalent per day.
Carbon Holdings to Establish Naphtha Cracker in Egypt
Carbon Holdings Company wants to build a world-scale naphtha cracker in Egypt’s Suez Canal Economic Zone (SCZone).
Egypt produces 8,000 MW from Renewable Sources
Egypt is committed to producing around 20% of its electricity from renewables by 2022.
ERC Supplies 100,000 Tons of Petroleum Products
The Egyptian Refining Company (ERC) has supplied 100,000 tons of low-sulfur petroleum products from its operational trials.
United Energy Acquires Kuwait Energy
The $650-million transaction was originally signed last September and completed in late March 2019.
Egypt Offers 4 LNG Cargoes for May
The four shipments are offered through two separate tenders that will close on April 9.
Shell Egypt Appoints Khaled Kacem as New Country Chairman
Royal Dutch Shell has appointed Khaled Kacem as the new Chairman and Managing Director in Egypt, replacing Gasser Hanter.
