News / Egypt

El Sisi Urges Petroleum Sector Growth

President Abdel Fattah El Sisi emphasized the importance of developing the petroleum sector during a meeting with cabinet ministers.

SDX Starts Drilling Second Well in South Disouq

SDX Energy has started drilling its second appraisal well at Egypt’s South Disouq concession.

Eni Announces Second Oil Discovery in Egypt’s Western Desert

Eni has announced a second light oil discovery on the B1-X exploration prospect located in the South West Meleiha license, located in Egypt's Western Desert.

Oil Ministry Connects Houses in 6 Towns to National Gas Grid

The Ministry of Petroleum has connected houses in six different areas to the national gas grid since the beginning of July 2018.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

Butane Production Slightly Increases YOY

Egypt produced 626,000 tons for butane in the first four months of 2018, an increase of 31,000 tons year-on-year (YOY).

Petroleum Ministry Considers El Alamein Petrochemical Plant

The Ministry of Petroleum is looking into constructing a petrochemical and refining facility in New El Alamein City.

El Molla: NOCs to Pay All Debts to IOCs by End of 2019

Egypt’s national oil companies (NOCs) will pay all debts owed to international partners before the end of 2019, oil minister Tarek El Molla has said.

Energy Committee Discusses Gas Law Amendment

The parliament's Environment and Energy Committee discussed on July 4 reallocating fines collected by the Natural Gas Regulatory Authority to avoid a conflict of interest.

First Gas Import License To Be Issued in 2018

The Natural Gas Regulatory Authority will issue the first gas importing license to a private sector company by the end of 2018.

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