News / Egypt

Price of engine oil doubles

Local markets have seen a 100 per cent rise in the price of engine oil. Karim Sami, member of the Petroleum Products Division in the Egyptian Chamber of Commerce, said that the price of a package of oil weighing four kilos has gone up from 82 to 140 pounds, while one weighing 20 kilos has risen from 160 to 300 pounds.

The Egyptian Petroleum Minister Meets with CEO of the Chinese Sinopec Star Company to Discuss Mutual Partnership

The Egyptian Petroleum Minister Osama Kamal and CEO of Chinese Corporation Sinopec Star Petroleum Company Fu Chengyu discussed investment opportunities in the Egyptian oil and gas sector as a means of expanding mutual partnerships in the coming period.

Investments and Partnership Discussion between the Egyptian Petroleum Minister and CEO of Edison

Petroleum Minister Osama Kamal and CEO of Edison Oil Company Bruno Lescoeur recently discussed investment opportunities in the Egyptian oil and gas sector as a means of enlarging mutual partnerships in the coming period.

$ 1.27m investments to upgrade Balaeem oil fields

Minister of Petroleum Osama Kamel unveiled new investments and more economic cooperation between foreign partners and major Egyptian companies, citing agreements signed for upgrading oil fields and wells in Balaeem petroleum sites.

Sea Dragon announces Egypt operational update

Sea Dragon Energy Inc. is pleased to announce the following operational update for its recent work program in Egypt.

Qandeel Discusses Future Vision for Oil Refineries Development

Prime Minister Dr. Hisham Qandeel held a meeting on the future vision for the development of oil refineries in order to meet the local market's needs of petroleum products. The meeting was attended by ministers of planning and international cooperation, petroleum, industry and foreign trade and the Cabinet Secretary General.

Dana boosts exploration and production activities in Egypt

Dana Petroleum plc is bringing new wells into production in Egypt, through its Joint Venture company Zeitco and has also been successful in the 2011 EGPC bidding process.

BG’s Egypt troubles could hit Chile LNG supply

British oil and gas company BG Group Plc's production troubles in Egypt may affect supplies of Liquefied Natural Gas to two of its Chilean customers, Endesa Chile and state-owned ENAP, BG said on Wednesday.

RWE may use renewable power for Egypt oil work

German utility RWE may set up a new solar and wind plant in Egypt to power its oil production there, a German newspaper said, citing an official from the company.

TransGlobe Energy shares rise on report of Egypt block wins

Shares of TransGlobe, which has oil interests in Egypt and Yemen, rose as much as 14 per cent to a six-month high of C$12.45 on Friday on the Toronto Stock Exchange.

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