Rockhopper Declares Situation in Egypt to be Improving
Rockhopper Exploration Plc announced that production levels from its Egyptian asset improved as oil prices rose.
News / Egypt
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
El Molla Participates in ‘Egypt Can..by Sons of the Nile’ Conference
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, is participating in the 'Egypt Can..by Sons of the Nile' Conference, taking place in Luxor on February 25th and 26th.
Egypt, EU to Sign Energy Agreement
Egypt will sign an energy agreement with the European Union before mid-2018.
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.
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.
