Electricity Loads Remain Stable
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country's national grid.
News / Egypt
Egyptian Natural Gas Production Reaches 5.4 bcf/d in February
Egypt’s total natural gas production reached around 5.4 billion cubic feet per day (bcf/d) in February 2018, a source in the oil and gas sector has revealed.
Enppi, MIDOR among 23 Companies to be Listed on EGX
The Egyptian government has announced the names of 23 state-owned firms to be listed for initial public offering (IPO) on the Egyptian Exchange (EGX).
AMOC Agrees Financing for Refinery Project
The Alexandria Mineral Oils Company (AMOC) has reached an agreement with five financial organisations to fund its $500 million refinery project.
Petroleum Sector to Start Natural Gas Drilling Operations at West Delta 9B Phase
The Egyptian oil and natural gas sector will start drilling operations at the 9B phase of the West Nile Delta deepwater concession in the Mediterranean Sea in April 2018, for producing natural gas.
AGIBA Oil Production Reaches 500 mb/d
Eni has announced that its joint venture with the Egyptian General Petroleum Corporation, AGIBA Petroleum Company, reached a production milestone of 500 million barrels per day (mb/d) on March 15th.
EPROM Receives Offer to Operate in Iraq Gas Field
The Egyptian Projects Operation and Maintenance Company received an offer in 2017 to operate Siba natural gas field in Iraq in partnership with the Egyptian Maintenance Company.
Methanex Corporation to Boost Methanol Production Capacity in Egypt
Methanex Corporation plans to increase its methanol production capacity above 1.3 million tons per year.
Power China Looks to Increase Egypt Operations
Power China Company is keen to increase its activities in Egypt as the country looks to become a regional oil and gas trading hub, the company's chairman has said.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
