News / Egypt

Crude Oil rises on Egypt contagion concerns, Copper Hits Rec

Oil futures are up this morning on concerns that political unrest in Egypt could spread to other oil-producing countries in the Middle East and north Africa.

Egypt gas to Israel to resume by March 4 -Ampal

Egyptian gas supplies to East Mediterranean Gas and its clients in Israel are expected to resume by March 4, Ampal-American Israel Corp said on Sunday.

Socar Trading strives to keep oil processing deals with Egypt

Geneva-based Socar Trading S.A., a trade house founded by the State Oil Company of Azerbaijan, continues considering operations with Egypt attractive despite the recent political events in the latter.

Melrose unaffected by political turmoil in Egypt

MELROSE Resources said it has seen no disruption to its production and drilling in Egypt despite the political upheaval in the country.

LUKOIL says no oil output cut in Egypt

Russia's No.2 oil producer, LUKOIL, hasn't decreased oil output in Egypt despite political unrest in the country, the company's head told reporters on Friday.

BGP provides seamless solutions for complex TZ

BGP is conducting a very complex 2D TZ seismic survey in the Red Sea. The complicated terrains include populous city and town, muddy beach, shallow water island, coral reef, offshore ports, and areas near offshore oilfield infrastructure.

U.S. military keeps close eye on Egypt, Bahrain

Protesters throughout the Middle East and northern Africa are pressing their governments for reforms. But the U.S. military is keeping an especially close watch on two countries: Egypt and Bahrain.

Eng. Mahmoud Latif new Oil Minister

Egypt's military rulers swore in a new Cabinet on Tuesday. Energy veteran Eng. Mahmoud Latif, formerly known as the head of the Egyptian Natural Gas Holding Company (EGAS), became the new Petroleum Minister.

Head of company supplying gas to Israel denies reports he resigned (Update)

Mohamed Ibrahim Tawilla, head of the East Mediterranean Gas Company (EMG), which supplies natural gas from Egypt to Israel, denied rumors that he had resigned from the company.

RWE Dea Nile force majeure ends

Atwood Oceanics said its Egypt-based customer has ended force majeure on the US contract driller's rig operating in the Mediterranean Sea.

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