News / Egypt
Industry to Issue New Operating Licenses amidst Energy Crisis
The Ministry of Industry and Foreign Trade announced yesterday that it is working on new regulations for issuance of operating licenses for the steel and cement industries.
Press Release: Egypt Ministry Endorses Transport Company Petroleum Arrows
Sherif Ismail, Minister of Petroleum and Mineral Resources, headed the proceedings of (Middle East Oil Refinery) Petroleum Arrows’s General Assembly to endorse its 2014 results.
Ministry of Petroleum Claims Responsibility for Power Shortage
Using power outage to rationalize local fuel consumption in Egypt is common news; however, this year power shortages have begun much earlier than the expected summer months
Only $3.285 Billion Still Owed by Egypt to Foreign Companies
Egypt owes foreign energy firms $3.285 billion having paid them $9.369 billion in arrears in the nine months to March 31,
Petroleum Ministry: MIDOR’s 2014 Results Endorsed
Sherif Ismail, Minister of Petroleum and Mineral Resources, headed the proceedings of (Middle East Oil Refinery) MIDOR’s General Assembly to endorse its 2014 results.
GPC Announces Oil Discovery in Egypt’s Western Desert
Tahrir al- Zafzaf, Chairman of the GPC, announced last Friday a discovery in the Abu Senan area in the Western Desert. Excavation began in the area last January according to Zafzaf,
Press Release: Current Production Numbers for GANOPE
Upper Egypt has recently witnessed increasing oil and gas activities, with many projects in E&P, refining, distribution, and natural gas. As a continuation of our efforts over the past 11 years of the company's lifetime, GANOPE has managed to achieve significant successes in the vitally important area that Upper Egypt is; an area that comprises two third’s of the country’s total.
ADNOC Issuing Gasoil, Gasoline Tenders for Alexandria and Suez
Abu Dhabi National Oil Co issued a tender to buy up to nine cargoes, or 300,000 tonnes, of gasoil for delivery into Egypt in April, traders said on Wednesday.
