News / Egypt

Egypt Seeks 2m tons of Fuel to Fill Gap

Egypt needs around 2m tons of fuel annually to fill the gap between supply and demand.

Petroleum Air Services to Modernize its Fleet

Petroleum Air Services (PAS) plans to modernize its planes within 2017 for $80m.

El Molla Executed New Reshuffles

Minister of Petroleum and Mineral Resources, Tarek EL Molla, issued new promotions and transfers in the petroleum sector.

Ganope Signed New Concession Agreements

Ganoub El Wadi Petroleum Company (Ganope) signed two new concession agreements with Joint Stock Company Naftogaz of Ukraine Overseas Petroleum.

Egypt Can Contain Aramco’s Shipment Halts

Former Egyptian Minister of Petroleum, Osama Kamal, said refineries can replace Aramco halted shipments.

Natural Gas Pumping Saves $350m/m

Egyptian Presidency urged the delivery of natural gas to households across the governorates to replace butane consumption.

El Molla and BP’s CEO Reviewed West Delta Project

Egyptian Minister of Petroleum, Tarek El Molla, and BP's CEO, Bernard Looney, reviewed the status of West Delta development project.

Egypt to Increase Gas Production to 6.2bcf/d in 2017

Egyptian government plans to increase natural gas production from 4.5bcf/d to be 6.2bcf/d within 2017.

Around 6.2m Egyptians Applied for Fuel Smart Cards

Egyptians who applied for fuel smart cards until the 10th of March 2017 reached 6.2m citizens.

Orascom Seeks Consortium for a $8b Coal Plant Bid

Orascom Construction is in talks to form a consortium to bid on establishing the 6000 MW $8b Hamrawein clean coal power plant, CEO, Osama Bishai said. Bishai named Shanghai Electric, Dongfang Electric, Mitsubishi Hitachi, and Sumitomo Electric, as potential partners the company is negotiating with.

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