DEA Announces the Creation of Wintershall DEA
BASF and LetterOne have signed a business combination agreement merging their oil and gas businesses to create Wintershall DEA.
BASF and LetterOne have signed a business combination agreement merging their oil and gas businesses to create Wintershall DEA.
The Egyptian General Petroleum Corporation (EGPC) has signed an agreement that will allow Emirates National Oil Company (ENOC) to sell jet fuel in Egypt.
Egypt will halt imports of liquefied natural gas (LNG) after receiving a final shipment in late September, Minister of Petroleum Tarek El Molla has said.
Egypt has begun sending experimental quantities of natural gas to Jordan, according to the Jordanian energy minister.
Russia's State Atomic Energy Corporation (Rosatom) submitted its safety analysis report on Egypt's El Dabaa nuclear power plant to the Egyptian Atomic Energy Authority (EAEA).
The Ministry of Petroleum has estimated that the country will save around $3 billion as a result of halting liquefied natural gas (LNG) imports during fiscal year (FY) 2018/19, according to a source in the oil and gas sector.
Bulgaria is interested in joining Egypt-Greece-Cyprus gas project, according to the embassy's press release.
Eni hopes to finish linking Zohr natural gas field's production in July 2019 instead of the end of 2019.
The government will delay the purchase of the hedging contract designed to guard against rising oil prices, despite agreeing a deal with several investment banks.
President Abdel Fattah El Sisi announced that Egypt will obtain a surplus of natural gas by April 2019.