News / Egypt
El Waha to boost production
El Waha Petroleum Company (OWAPCO) is currently studying the feasibility to repair some development wells, located in the company's concession area in West Qarun. Sipetrol generates more investments into the Egyptian sector
PetroShahd added up some modifications to the company's 2010-2011 plan in order to keep the volume of its investments in Egypt intact after the political instabilities that the country are going through. GEMPETCO regains production capacity
Gemsa Petroleum Company (GEMPETCO) succeeded to retain its production capacity back to 500 barrels after a four-year shortage. Zaafarana is back to the old field
Zaafarana Oil Company (ZAFCO) prevailed the approval of Egyptian General Petroleum Corporation (EGPC) to go back to the old exploratory field of HB 77-4 in its acquisition area in Gulf of Suez through the current drilling plan of 2010-2011. Iran warships enter Suez Canal, Egypt’s state-run MENA says
Two Iranian warships have begun crossing the Suez Canal as Israel stressed its objection to their planned voyage to Syria. How to trade record oil spreads as Middle East unrest grows
Events in Egypt may have taken a more favorable turn, but the underlying fundamentals are still shaky across much of the Maghreb with tensions rising in several countries. Egypt could have us over an oil barrel
Against a backdrop of already rising inflation, the Middle East descends into chaos, sending the oil price surging and tipping the global economy into recession. Petroleum workers saying their word
''I have suffered a severe form of injustice and was dismissed for no apparent reason after my contract ended… We will not rest until we claim our right, they did it in 25th of January and we can do it again,'' these were some of the protesters' chants in their demonstration in front of the Ministry of Petroleum. 
