News / Egypt
Russia, Qatar Face Pressure to Scrap Gas Link to Oil Prices as Crude Jumps
Russia and Qatar are under growing pressure from Europe's biggest utilities to scrap a 40-year-old system that links natural-gas prices to oil after Brent crude's 23 percent surge this year. Egypt reviews re-start of gas exports to Israel
Egypt is reviewing the timetable for resuming gas exports to Israel and wants to negotiate more flexible contracts with foreign gas buyers, the Egyptian oil minister said. Petroceltic eyes oil and gas deals in Egypt
Petroceltic is eyeing oil and gas deals in Egypt and Tunisia to take advantage of a funding gap brought about by unrest in the North African region, said its chief executive. PMS provides offshore platforms to Amapetco and Abu Qir
The Petroleum Marine Services Company (PMS) is installing offshore platforms and pipelines for the Amal Petroleum Company (Amapetco) and Abu Qir Petroleum Company, with total investments of $31 million and $20 million respectively. Petrobel’s updates in Abu Rudeis
Belayim Petroleum Company (Petrobel) drilled three development wells in the field of Abu Rudeis in North Sinai, in the Gulf of Suez area. Agiba invests more in the Western Desert
In the context of its fiscal year 2010/2011, Agiba Petroleum Company drills three development wells in its concession area in the Western Desert. OPEC may hike oil output to ease prices
Major oil cartel OPEC may consider increasing output for the first time in 4 years to ease prices and lessen the drag of high energy costs on global economic growth. Jordan, Egypt still apart on gas deal
Despite weeks of negotiations, Amman and Cairo have yet to reach an agreement on resuming natural gas supplies to Jordan, a senior energy official has said. 
