News / Egypt

Egypt Fuel Subsidies May Reach $19 Billion in 2012

Egypt's fuel subsidies are expected to reach 114 billion Egyptian pounds ($18.9 billion) in 2012 compared with 100 billion pounds in the previous year, Al Mal reported, cited Hani Dahi, chairman of Egyptian General Petroleum Corp.

Jordan demands that Egypt ensure safety of pipeline

The Jordanian Minister of Transport Alya Bitayana has demanded that Egypt ensures the safety of a pipeline delivering Egypt gas to Jordan, television channel, Al Arabiya said on Monday.

Transglobe Energy Corporation acquires West Bakr concession agreement in Egypt

TransGlobe Energy Corporation today announces the closing of the West Bakr acquisition in Egypt from The Egyptian Petroleum Development Co. Ltd. (of Japan) that was completed on December 29, 2011.

Egypt confirms Cyprus gas discovery is beyond Egyptian waters

Egypt's Ministry of Petroleum has confirmed that a natural gas reserve recently discovered off the coast of Cyprus, does not fall within Egyptian territorial waters or its exclusive economic zone.

PM discusses with Arab oil ministers boosting investment in Egypt

Prime Minister Dr. Kamal El Ganzoury meets on 24/12/2011 with Arab Ministers of Energy and Petroleum participants in the activities of the 85th meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries "OPEC", headed by the Minister of the UAE's oil the current chairman of the Ministerial Council Information Service

Sudan Asks Egypt for Gas

Khartoum has made a formal request to Egypt to supply Sudan with natural gas, affirming that Cairo pledged to study the request and respond accordingly, according to Minister of Electricity and Dams, Osama Abdullah.

TransGlobe Energy announces Updates on its operations in Egypt

TransGlobe Energy Corporation is pleased to provide a mid-quarter production and operations update for the fourth quarter of 2011 and 2012 Forecast.

Egypt’s Gas Export Pipeline Hit by 10th Explosion This Year

Egypt's North Sinai gas pipeline, which transports gas to Israel and Jordan, was attacked for the 10th time this year, Egyptian Natural Gas Co. Chairman Magdi Tawfik said.

Melrose Resources reveals exploration plans

Oil and gas firm Melrose Resources is to spend $83m (£53.4m) next year in exploration and development work while continuing to reduce its debt levels.

Jordan set to end reliance on Egyptian gas

Jordan is set to move away from Egyptian gas due to the growing unreliability of the country's main energy source, officials say.

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