News / Egypt
Egypt’s EGAS to Finalize Gas Tender This Month
Abdul Badie: 9 companies invited to compete and supply gas shipments per week
Dana Gas Projects in Egypt Continuing Despite Oil Price Crunch
Sharjah-based Dana Gas reported lower sales and profit in the first quarter, as cost-cutting wasn’t enough to mitigate the effects of lower oil and gas prices, but senior executives see improvements ahead.
Egypt Brings in Foreign Partners to Generate Electricity
An American and a German firm will operate in Egypt to generate 3,600 megawatts of electricity together, Egypt's premier said on Monday.
Egypt’s EGPC Announces Conversion of Four New Gas Stations to Include Solar Power
The state-run Egyptian General Petroleum Corporation (EGPC) has completed the conversion process of four gas stations to operate with solar power, vice executive chairman for operations Amr Mostafa told Amwal Al Ghad on Monday.
Petroleum Ministry: BG’s Egypt Projects Not Affected by Shell Buyout
In an exclusive with Youm7; informed sources at the Ministry of Petroleum and Mineral Resources said that Royal Dutch Shell’s purchase of the BG Group will have no impact whatsoever on BG’s projects and investments
Former Petroleum Minister States that Feasibility Studies are Best Way to Deal with Foreign Firms
In exclusive statements made to Youm 7, former Minister of Petroleum Osama Kamal said that the ideal way to deal with foreign companies that want to invest in Egypt is to prepare banking feasibility studies in advance.
Brent falls towards $66, China Factory Activity falls
Brent crude dipped towards $66 a barrel on Monday as weak Chinese data adds to demand fears, while near-record supplies from OPEC producers maintained worries about oversupply.
US Butane Technology to Help Fuel Egypt’s Industrial Sector
Butane in its regular state is of high density and cannot be pumped through pipelines, however, after mixing it with air, it converts into the same technical characteristics as natural gas, according to Abu Bakr.
