News / Egypt
Press Release: Petroleum Minister of Egypt Stresses Need for Improving Services to Citizens
Sherif Ismail, Minister of Petroleum and Mineral Resources for Egypt, emphasized the importance of supporting Egyptian-Arab cooperation in various areas of the oil industry in light of the economic need for such projects.
Appeal of Former Minister of Petroleum on Israeli Gas Export Charges
Egypt's top prosecutor will appeal a court ruling acquitting former president Hosni Mubarak's Petroleum Minister Sameh Fahmy of the charge of exporting gas to Israel below market prices.
Egypt to Get 65% of its Petroleum Products from ADNOC
State-run Abu Dhabi National Oil Company (ADNOC) will start monthly deliveries of $400m of petroleum products to Egypt from next week until the end of October.
Egypt Opens Bid for Diesel Imports
Egyptian General Petroleum Corporation (EGPC) revealed on Friday a bid to import four shipments of diesel oil (768,000 tons), in efforts to provide the required fuel needed to supply electricity stations during the summer.
Egypt Signs $27.6m Deal to build Transformer Station
Egyptian Electricity Transmission Company (EETC) signed on Thursday a deal to establish a transformer station worth 210.8 million pounds (US$27.6 million) in the Suez Canal region.
Ships Collide in Egypt’s Suez Canal
Two container ships collided in Egypt's Suez Canal early on Saturday, delaying traffic through a vital global trade route for several hours, sources in the canal authority said.
Kuwait’s Alghanim signs MoUs Worth $1.6bn for Energy Projects in Egypt
Egypt has signed preliminary deals with Kuwait's privately-owned Alghanim International for two energy-related projects worth a total of $1.6bn.
Petroleum Minister: No Increase in Energy Prices in July
The Cabinet has decided to postpone the hike in energy prices, scheduled for July, due to the worldwide decline in prices of oil, Petroleum Minister Sherif Ismail said.
