Egypt to Attend OPEC Oil Cuts Meeting

• Tuesday, 16th May 2017
• by Sarah Samir

Egypt was invited to attend the OPEC meeting for oil production cuts on the 25th of May in Vienna.

Egyptian Arrears to IOCs Decreased

• Tuesday, 16th May 2017
• by Sarah Samir

Egyptian arrears to IOCs decreased from $3.6b to $3.4b by end of April 2017.

Egypt to Restructure Ministry of Petroleum

• Tuesday, 16th May 2017
• by Sarah Samir

El Molla: Restructuring the Ministry leads to improving the investment climate.

NBD Egypt Supports EGAS in an EGP1.8b Deal

• Monday, 15th May 2017
• by Dr. Mahinaz El-Baz

NBD Egypt announced that it has participated in an EGP 1.8bsyndicated loan deal in favor of EGAS.

EBRD Finances Egypt’s Carbon Holdings Company

• Monday, 15th May 2017
• by Dr. Mahinaz El-Baz

EBRD is providing local petrochemicals producer Carbon Holdings with a $11m loan.

Dana Gas Reports Strong Results in Egypt for Q1 2017

• Monday, 15th May 2017
• by Dr. Mahinaz El-Baz

Dana Gas said that total receivables in Egypt increased in the first quarter of fiscal year 2017 to $283m, compared to $265m in Q1-16.

Egypt Sets Strategy to be Energy Hub

• Sunday, 14th May 2017
• by Sarah Samir

The Supreme Committee for Turning Egypt into an Energy Hub has had its first meeting.

El Sisi Inaugurates West Nile Delta Project

• Sunday, 14th May 2017
• by Sarah Samir

The project includes work in North Alexandria Concession and West Mediterranean Deep Water Concession.

Shell Lubricants Egypt to Supply Oil to South Helwan Plant

• Sunday, 14th May 2017
• by Dr. Mahinaz El-Baz

Shell Lubricants Egypt Signed a supply contract to provide South Helwan Power Plant with industrial oils.

El Molla: Egypt’s Petroleum Strategy Turns Egypt into a Regional Hub

• Sunday, 14th May 2017
• by Dr. Mahinaz El-Baz

Egypt adapts a program to run an oil and natural gas industry that could achieve sustainable development and compete with the world's leading companies and could be a regional energy hub as well.