News / Egypt
ADES Awarded New Drilling Contract in Egypt
ADES Oil and Gas Company won a new three-month contract for drilling offshore Egypt along with Eni's subsidiary, IEOC.
AMOC to Export 3,000 tons of Mazot
Egypt's Alexandria Mineral Oils Company (AMOC) reached an agreement with the State Oil Company of Azerbaijan Republic (SOCAR) over exporting 3,000 tons of Mazot during June 2017.
El Jarhi: Cutting Fuel Subsidies to Aid Lower Income Groups
Egyptian Minister of Finance, Amr El-Jarhi, stated that fuel and electricity subsidies are flawed and assured that moving the prices will aid in rebalancing the system
Egypt’s Local Electrical Consumption Exceeds 30,000MW
The electrical consumption of the Egyptian citizens has exceeded 30,000MW for the first time in the history of the Ministry of Electricity,
Fuel Prices Not to Increase for Industrial Sector
Fuel provided for the industry sector will not face any price increase, except for cement industry, according to EGPC's CEO.
MoF: No Increase in Fuel Prices until Next July
There will be no further increase in fuel prices during the fiscal year (FY) 2017/18, according to the Egyptian Minister of Finance.
El Molla Meets Vegas CEO
During the meeting, the Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed the company's work programs in its concession area located in East Lagia, Sinai.
Egypt to Manufacture Solar Cells from Sand
The Egyptian government will cooperate with Ibrahim Samak, a World Energy Expert and a member of the Presidential Advisory Council, in a huge project to manufacture Egyptian solar cells from sand with capacity of 1GB.
