News / Egypt
Fuel shortage in Egypt leads to rising tensions
A gasoline shortage in Egypt has led to long queues at fuel stations and raised suspicions among drivers that it may be a prelude to a cut in subsidies, despite official reassurances that there is no plan to hike prices. Bapetco deepens drilling activity in Alam El-Shawish
Badr Petroleum Company (Bapetco) finished the drilling of two development wells, BED-19-2 and BAHGA-U in the company's Alam El-Shawish West Block, in the Western Desert. Agiba Maintains Western Desert Production Rates
Agiba Petroleum Company revealed that its production rates of crude oil and natural gas have been, to some extent, consistent over the previous six months. Steady production rate for Petrobel
Belayim Petroleum Company (Petrobel) witnessed a steady production rate over the last quarter of 2011. The company concluded the year with the drilling of two wells, one exploratory and one development. Dana Petroleum confirms first production from Matr-1XST well in Egypt
Dana Petroleum plc is pleased to announce first oil production from its Matr-1XST well in the North Zeit Bay production sharing contract (PSC) area onshore in the Gulf of Suez, Egypt. This follows the recent approval of the Matr Development lease by the Ministry of Petroleum. Sea Dragon enters into agreement to acquire oil & gas assets in Egypt
Sea Dragon Energy Inc. is pleased to announce that it has entered into an arm's length share purchase agreement with Golden Crescent Investments Ltd to acquire all of the issued and outstanding shares of National Petroleum Company Egypt Limited. Egypt Extends Deadline for Oil, Gas Bidding Round to End-March
Egyptian General Petroleum Corp. said its international oil and natural-gas bidding round closing date was extended by two months until the end of March after potential bidders requested more time for evaluation. Jordan mulls Qatari gas supply to mediate Egyptian disruption
Jordan and Qatar have named a joint committee to study ways to import liquefied natural gas from the Gulf Arab state to replace Egyptian supplies disrupted by pipeline bombings. 
