Egypt Links 9.8 M Households to Natural Gas Grid
The country plans to boost the number of linked houses to a total of 10 million households by the end of June 2019.
News / Egypt
Al-Manar Group Plans to Boost Exports to 10%
Al-Manar Group plans to boost its exports to 10% in 2019, as the company increases its lubricant production capacity and supplies them to a number of new Arab and African markets.
Egypt Diesel Production Drops by 6.5% YOY
Egypt’s diesel production decreased by 6.5% year-on-year (YOY) in January 2019, recording 518,000 tons, down from the 554,000 tons of January 2018.
ExxonMobil’s Nihad Shelbaya Chairs EOG CSR Subcommittee
Nihad M. Shelbaya, Public and Government Affairs Manager at ExxonMobil Egypt and Cyprus, was appointed Chairperson for the EOG CSR Subcommittee. Shelbaya has extensive experience in CSR projects.
EOG CSR Subcommittee to Launch Blood Donation Campaign under Petroleum Minister’s Patronage
The blood donation campaign, expected to be launched in the end of June, marks the beginning of the subcommittee’s activities and will have the participation of different companies in different cities and areas.
IMF to Visit Egypt for Final Loan Review in May
Lall praised the economic reform measures taken by Egypt that boost the country's investments and enable its private sector to continue growing.
Petroleum Ministry, IFC sign an Infrastructure MoU
The Egyptian Ministry of Petroleum signed a memorandum of understanding with the IFC for financing oil and gas infrastructure projects that support Egypt's strategy to become a regional oil and gas trading hub.
Egypt Consumes 1.15 M Tons of Diesel in March
Egypt produces around 518,000 tons of diesel per month, through state owned and private owned refineries.
Electricity Consumption Decreases by 3.88% in a Month
Egypt's electricity consumption decreased by 3.88% over, recording 12.4 megawatts per hour (MWh) in December 2018 compared to 12.9 MWh in November 2018.
EDC Becomes 100% Egyptian
EDC expanded its scope of work, currently owning 40 onshore drilling rigs, four offshore rigs, 21 wells maintenance rigs, two lifting units, and one offshore device.
