News / Egypt
Dana Gas Continues Operations in Egypt
Dana Gas announced that they plan to continue operations as well as investment in Egypt, despite challenges. BG flags Egypt concerns as profit slips
International gas and oil producer BG Group Plc flagged its concerns about the impact of instability in Egypt as it reported a 3 percent fall in second quarter net profit. Egypt receives 6 fuel shipments from UAE
Egypt has received six shipments of fuel from the UAE as part of the Gulf state's promised aid following the ouster of Islamist president Mohamed Morsi. Indian companies decline to sign PSC for offshore concessions in Gulf of Suez and Red Sea
The Petroleum Ministry has conveyed to the Ministry of External Affairs that the Indian consortium comprising Gujarat State Petroleum Corporation (GSPC), Hindustan Petroleum Corporation Limited (HPCL) and Oil India Limited (OIL) has 'unanimously' decided not to sign the concession agreement for two offshore oil exploration blocks. Unrest in Egypt causing oil prices to rise
Gas prices dropped slightly during the July 4 holiday period, but the unrest in Egypt is causing the price of crude oil to rise, and gasoline prices are expected to follow suit. Egypt to exhaust strategic fuel reserves by month’s end: Oil minister
Egypt's strategic reserves of three vital fuel products will run out by end of this month, Turkish news agency Anadulo reported on Thursday, citing Petroleum Minister Sherif Haddara. Petroleum Minister Announces Administrative Reshuffling
The Minister of Petroleum and Mineral Resources, Sherif Haddara, announced a reshuffling of key administrators within government-controlled companies that oversee and participate in various aspects of the petroleum sector. The shuffle aims to improve performance and efficiency. Sipetrol New Production Record Achievement
Mr. Miguel Angel Vargas, the General Manager of the Chilean state-owned Sipetrol International S.A., Egypt Branch, announced a new achievement in East Ras Qattara Concession in the Western Desert. 
