News / Egypt

Egypt: New Oil Pipelines Company to be set up

A new oil pipelines company will be set up to confront challenges of the private sector importation of oil products and the needs of development plans , Minister of Petroleum Sameh Fahmy said.

EGAS denies price reduction on gas exports to Israel

The state-run Egyptian National Gas Holding Company (EGAS) confirmed that prices for Egyptian natural gas exports to Israel were both "in accordance with global price levels" and "economically feasible," denying reports of recent price reductions.

Importing solar energy and exporting uranium

What is remarkable in the figures and statistics on global trade, and the breakdown of the goods traded present in the reports of the OECD, is that the most important imports of major industrialized countries are oil and hydrocarbons, while their most important exports are nuclear power plants.

IPR scores another Alam El Bueib discovery in Egypt’s Western Desert

IPR, and its partner, Sojitz Oil and Gas, have discovered another oil bearing structure in the underlying Alam El Bueib sands in the Yidma-Alamein License in Egypt's Western Desert.

Naftogaz Ukrayiny extracts its first crude from Egyptian deposit

Ukrainian Journal reported that Naftogaz Ukrayiny extracted its first 100,000 barrels of crude oil from Gharadig oil deposit at the Alam El-Shawish East block in Egypt.

Dana has another Egypt hit

Dana Gas of Sharjah has made another gas strike in Egypt's Nile Delta, the latest in a string of discoveries that have already lifted its Egyptian oil and gas output by 20 per cent this year.

Increase of oil, gas exploration works throughout Egypt

The coming phase would witness an increase of oil and gas exploration works throughout Egypt, said Petroleum Minister Sameh Fahmy.

Egypt: Petrochemical industry overcomes global crisis

Egyptian Minister of Petroleum Sameh Fahmy said the Egyptian petrochemical industry has quickly ridden out the fallout from the global financial crisis.

Edison International to buy EGPC Abu Qir share

Italian Edison entered negotiations with the Egyptian authorities to sell its share of the gas produced from the North Abu Qir field, which Edison won with a Signature Bonus of $1.4 billion.

Apache invests more in the Western Desert

Apache Corporation won the endorsement of the Egyptian General Petroleum Corporation (EGPC) to originate a pipeline with the capacity of 24 inch, from Abu Al Gharadiq to Dahshur 220 km along and $550 million total cost.

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