Egypt to Increase Oil Output by 1.5%
The Egyptian Ministry of Petroleum and Mineral Resources plans to increase crude oil production by around 1.5% to meet its production target.
News / Egypt
Egyptian Natural Gas Output Increases by 23.9% Y.o.Y
Egypt’s natural gas production increased by around 23.9% year-on-year (Y.o.Y) reaching 3.453 million tons in December 2017, compared to 2.787 million tons in December 2016.
Misr Petroleum Allocates EGP 155 M to Establish New Filling Stations
Misr Petroleum Company has allocated EGP 155 million for establishing 160 filling stations during FY 2018/19.
Enppi IPO Delayed to End of 2018
The initial public offering (IPO) of 24% of the Engineering for the Petroleum and Process Industries (Enppi)’s stakes in the Egyptian Exchange Market (EGX) will take place at the end of 2018, said Mohamed Hathout, Head of Enppi.
Iraq to Establish Pipeline to Egypt
Iraqi Ambassador to Egypt, Habib Al Sadr, announced that his country’s government is studying the establishment of a new oil pipeline connecting Iraq to Egypt, passing through Jordan.
Egypt Reviewed as Regional Hub in IP Week
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, contributed in the International Petroleum (IP) Week, which takes place in London between February 20th and February 23rd.
Petroleum Ministry Highlights Importance of Adopting Recent Technologies
Egyptian oil and gas sector supports developing scientific research in order to cope with the information revolution.
Egyptian Banks to Finance Oil Firms with EGP 4 B
Five Egyptian Banks have signed a financing agreement of EGP 4 billion to fund state-run Co-operation Petroleum Company (Copetrole) and Misr Petroleum Company.
Badry Yamany Appointed Chairman of DAPETCO
Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotion.
Egyptian Cabinet Approves Amendments in Gas Law
The Egyptian Cabinet has approved amending some annexes in the natural gas law number 217 for year 1980 during the Cabinet’s meeting number 110.
