News / Egypt

El Molla Reviewed Petchem Developments

Egyptian Minister of Petroleum, Tarek El Molla, highlighted the importance of the petrochemical sector as one of the country's strategic industries.

El Molla Encouraged Petrol Stations to Enhance Services

Egyptian Minister of Petroleum, Tarek El Molla, emphasized the importance of improving services at filling stations. He urged marketing companies to continue promoting solar power as an alternative source of energy, in order to rationalize national energy consumption.

Egypt Combats LPG Shortage

The Egyptian government continues its efforts to monitor and regulate the distribution of Butane, with a push to increase supplies of gas tanks to meet household demands and avoid distribution bottlenecks.

Egypt to Solve Overcharging on Gas Bills

In a statement to Egypt Oil&Gas, sources from the Egyptian Ministry of Petroleum stated that the ministry is working on resolving disputes on household gas invoices.

Egypt to Launch Oil Firms IPO

The Egyptian Minister of Investment, Dalia Khorshid, said that the country is set to launch its initial public offerings (IPO) in government-owned companies with oil sector businesses.

Zohr to Start Gas Production in December

Italian Eni's Zohr fiels is expected to start gas production in December 2016.

Beni Suef Plant to Generate 800 MW by November

The Egyptian Ministry of Electricity and Renewable Energy agreed with Germany’s Siemens to run two electricity production units in the Beni Suef power plant, with a capacity of 800 MW, by November 2016.

Egypt Urged Investors to Decide on FiT Phase II

Egyptian Electricity Holding Co sent a notice of deadline for October 8 in order for investors to decide whether to sign phase II of the Feed-in Tariff (FiT) program for the country's renewable energy projects.

Egypt Boosted Gas Production with 4 New Wells

The Egyptian Natural Gas Holding Co (EGAS) has increased natural gas production by 330mcf/d by linking 4 new wells to the national grids. The wells are located in the Mediterranean, Nile Delta and Western Desert Concessions owned by Eni, BP and Shell.

Beach Egypt’s Deal Boosted Rockhopper’s Share

Shares in Rockhopper Exploration were up 3.7% mid September as the company boosted production after acquiring assets in Egypt.

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