News / Egypt

Egypt Paid EGP 1b to Eni

The Egyptian Ministry of Petroleum and Mineral Resources has paid EGP 1b to Italian Eni, as part of the outstanding dues for for the company's equity production.

Egypt Gas Lost EGP 50m

Egypt Gas Company has incurred total losses of EGP 50.4m for the first 9 months of 2016. This comes to over 14% increase when compared to EGP 43.9 losses for the same period during 2015. Egypt Gas Lost EGP 50m

Sahara Resources JV Completed Registration

Independent Resources and Nostra Terra Company said that their joint venture (JV) in Egypt, Sahara Resources GOS Incorporation, was officially issued with a commercial registration and tax ID.

Egypt to Increase Biofuel Power Tariffs

A committee from the Egyptian Ministries of Electricity and Environment will present to the Egyptian Cabinet a proposal to increase power purchasing tariffs for producing electricity from biofuel.

Kuwait to Supply Crude to Egypt

Kuwait's Cabinet approved the extension of a crude export agreement with Egypt , starting January 2017, with a 9-month.

Egypt to Launch Wind Farm Tender

The Egyptian Ministry of Electricity decided to launch a tender for wind farm establishment

Egypt, Acwa Continue Talks on Power Plant

The Egyptian Ministry of Electricity is proceeding with negotiations with Saudi ACWA Power to establish an electricity power plant in Dairut.

Shell Sustains Its Investments in Egypt

Shell has sustained its investments in Egypt through the past period, and is currently in early stages of evaluating WDDM results for future exploration prospects.

Egypt Finalized FiT Phase II Arbitration

The Egyptian Cabinet has approved Paris as a seat for international arbitration in phase II of the energy purchasing Feed-in-Tariff (FiT) program.

Apache to Grow Investments in Egypt

US Apache is bidding for an exploration license in Egypt's Western Desert concession through its Egyptian joint venture company Khalda Petroleum.

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