News / Egypt

Hany Dahi Temporarily Takes Over Petroleum Ministry

Egypt's prime minister said on Thursday that Transport Minister Hany Dahi would temporarily take on the portfolio of the energy minister while he was travelling.

EGPC and Rosneft Sign Fuel Oil Supply Deal

Russia-based Rosneft has announced that it has signed and agreement with the Egyptian General Petroleum Corporation (EGPC) to supply oil products into Egypt.

EGAS Signs Deal with Norwegian’s PGS to Conduct Largest Mediterranean Seismec Project

Egypt’s state-owned gas company EGAS will carry out the largest seismic oil and gas exploration project in the Mediterranean, seeking data that could attract global exploration companies, it said

Global Alternative Energy Firms Flocking to Egypt

Some 10 global firms operating in alternative energy have put in requests to obtain licensing to run renewable energy projects in Egypt, the head of Electric Utility and Consumer Protection Regulatory Agency Dr. Hafez Salamawy said.

Gasoline Tenders Earmarked for August

EGPC is seeking up to 175,000 tonnes of gasoline for delivery in August

Sidpec Partners with United Gas Derivative, Eni, BP in Ethylene Project

Sidi Kerir Petrochemicals Co “Sidpec” Chariman Ahmed Helmy, said that five local banks offered to finance the 200 thousand tons capacity per year ethylene production project, with $ 600 million investments.

MOPCO Suez Wins $2bn Finances for PetroChem, Fertilizer Project

Misr Company for Oil Industries MOPCO Suez plans to carry out a new project to produce aromatic fertilizer and petrochemical products in Ain Sukhnan at a total cost of $2bn.

PGS to Map Egypt’s Offshore Natural Gas Potential

Egypt signed on Thursday a deal with Norwegian seismic surveyor PGS company to carry out the largest seismic exploration project in Egypt's territorial waters in the Mediterranean Sea

Qalaa and FIH to Exchange Energy-Related Holdings

Qalaa Holdings, one of Egypt's largest investment firms, said on Tuesday it had signed agreements with Financial Holdings International (FIH) to buy some of FIH's subsidiaries.

EGAS: More LNG Shipments Due, Import Bill Estimated at $2.25bn Only

BP starts supplying 18 liquefied gas shipments to Egypt next month

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