News / Egypt
EGPC Boosts Petroleum Products by 10%
he Egyptian General Petroleum Corporation (EGPC) announced an increase in the domestic market supply of petroleum products by 10% to meet the expected increase in demand during the feast, reported Al Mal.
Exclusive: GUPCO Resumes Gas Production at M8 Gas Processing Complex
Production had been effectively halted at GUPCO’s M8 gas processing unit and its attendant platforms after a fire that broke out in one of its connecting pipelines in 2004.
Egypt Signs Protocol to Establish Nuclear Power Technical School
The technical education and training ministry signed a protocol with the ministry of electricity to established a technical school in the field of nuclear power.
New Study Assesses Energy Subsidies in Egypt
A year after the government cut energy subsidies, including electricity, fuel oil and natural gas, the Egyptian Center for Economic Studies (ECES) released a study on the effects of the energy subsidy reform.
Saudi Arabia Invests $350m in Egypt’s Renewables
Al-Jeel Al-Hader Co., a Saudi Arabian firm, has struck a $350m deal with Egypt to build power plants to generate electricity using alternative energy sources.
OGS and Schlumberger to Pool Training Efforts Regionally
Minister of Petroleum and Mineral Resources Sherif Ismail witnessed the signing of a memorandum of understanding (MoU) between the Oil & Gas Skills (OGS) company and Schlumberger for the establishment of a joint oil industry Training Institute.
EGPC Studying Magapetco’s Hurghada extension request
An official source at EGPC told Al Mal newspaper that the Magawish Petroleum Company (Magapetco) was in negotiations with EGPC to discuss the possibility of extending the oil exploration concession in Hurghada for a 10-year term.
Minister of Electricity: Surplus in Egyptian Electricity
There is “surplus” in electricity production in Egypt due to periodical maintenance of existing power plants, increasing their efficiency, Minister of Electricity Mohamed Shaker said in a Monday meeting with President Abdel Fatah al-Sisi, according to a presidential statement.
