News / Egypt
Egyptian gas supply to Jordan back to normal levels
The Egyptian natural gas supply to the Kingdom returned to the agreed-upon flow of 240 million cubic feet (mcf), Jordan and Egypt said on Thursday. Egyptian Oil Minister Describes Challenges
Egyptian Minister of Petroleum and Mineral Resources Osama Kamal gave a press conference at the meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC), in which he discussed the government's decision to raise the price of fuels and commented on the economic damage faced by the oil and gas industry. Citadel Capital Portfolio Company Divests Offshore Gulf of Suez Asset
Citadel Capital, the leading private equity firm in the Middle East and Africa with US$ 9.5 billion in investments under control, confirmed portfolio company National Petroleum Company Egypt Ltd. (NPC Egypt) has divested the National Petroleum Company Shukheir Marine Ltd. Egypt Importing Gas for First Time as Exports Disappear
Egypt, a natural-gas exporter to markets from China to Chile, is set to become an importer for the first time just as the new government needs energy shipments to revive an economy weakened by civil unrest. Sea Dragon Acquires Producing Oil Assets with Exploration Upside in Egypt
Sea Dragon Energy Inc. is pleased to announce that its wholly owned subsidiary Sea Dragon Energy Holding Ltd. has completed the acquisition of all of the issued and outstanding shares of National Petroleum Company Shukheir Marine Limited. New Egyptian-Italian Factory Inaugurated by the Egyptian Petroleum Minister
On behalf of the Egyptian Prime Minister, Egyptian Petroleum Minister Engineer Osama Kamal recently inaugurated a joint Egyptian-Italian factory located in Badr Industrial City. Price of engine oil doubles
Local markets have seen a 100 per cent rise in the price of engine oil. Karim Sami, member of the Petroleum Products Division in the Egyptian Chamber of Commerce, said that the price of a package of oil weighing four kilos has gone up from 82 to 140 pounds, while one weighing 20 kilos has risen from 160 to 300 pounds. The Egyptian Petroleum Minister Meets with CEO of the Chinese Sinopec Star Company to Discuss Mutual Partnership
The Egyptian Petroleum Minister Osama Kamal and CEO of Chinese Corporation Sinopec Star Petroleum Company Fu Chengyu discussed investment opportunities in the Egyptian oil and gas sector as a means of expanding mutual partnerships in the coming period. 
