News / Egypt
El Molla Met with Kuwaiti Ambassador
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, received Kuwaiti Ambassador to Cairo, Mohamed Saleh Al Zoewakh.
Egypt Discharged First Butane Cargo at Deikheila
Egypt discharged the first butane cargo docking at the Middle East Oil Tankage & Pipelines Company (MIDTAP) in Deikheila Port.
Rosneft to Consider Stake in Shorouk Concession
Russia's Rosneft announced that its board of directors will discuss buying up to 35% of stake in Shorouk Concession , offshore Egypt.
Egypt to Pay EGP 16b in Fuel Subsidies
Egypt's petroleum subsidies' bills will exceed EGP 16b in the second quarter of the current fiscal year 2016/2017.
Egypt Reviewed FiT Offers
The Ministry of Electricity and Renewable Energy reviewed offers from 9 firms seeking to participate in phase I of the energy purchasing Feed-in-Tariff (FiT) program with the German Consulting Office Fichtner.
Apache Produced at $4.5/b at Western Desert Area
US Apache's joint venture in Egypt, Khalda Petroleum, reduced the cost of oil produced from its concession located in the Egypt's Western Desert from $5 to $4.5 per barrel during the first quarter of fiscal 2016/2017.
Egypt’s PM Met with Shell
Egyptian Prime Minister, Sherif Ismail, met with Senior Shell Executive, Sami Iskander to discuss existing and potential opportunities in Egypt's oil and gas exploration.
Egypt Boosted Natural Gas Production
Egypt’s natural gas production increased from 4.35bcf/d to 4.45bcf/d in November
