News / Egypt
Government raises its stake in controversial Egyptian Refining Company
The Egyptian General Petroleum Corporation raised its stake in Egyptian Refining Company, upping overall public stake to 49.5 per cent in a new oil refinery, says company's chairman. Egypt: Frac jobs boost Kom Ombo oil output
Gross production from Al Baraka field on the Kom Ombo block in upper Egypt is averaging an estimated 900 b/d of oil, said Sea Dragon Energy Inc., Calgary, cooperator of the concession with Dana Gas Egypt. Lebanon Seeks to Resume Egypt Gas Imports
Lebanon's caretaker Prime Minister Saad Hariri will discuss the resumption of natural-gas imports from Egypt during talks in Cairo, according to Mohammad Shatah, his economic adviser. Egypt Citadel Capital to delay Taqa Arabia IPO
Egypt's Citadel Capital has postponed plans for the initial public offering (IPO) of its electricity and natural gas distributor Taqa Arabia because of lower valuation prospects, according to a senior executive. Plexus Holdings gets GBP200,000 agreement with BG Egypt
Plexus Holdings PLC, an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, said it has signed a GBP200,000 agreement with BG Egypt. Egyptian minister: We can’t stop gas supply to Israel
To complaints that Egypt is losing $ 13 million a day on natural gas exports to Israel, Petroleum Minister Abdallah Ghorab responded: There is no global gas price. EGAS raises price of gas sales to Union Fenosa
The Egyptian Natural Gas Holding Co. (EGAS) signed an agreement allowing it to increase the price of natural gas sold to Union Fenosa SA, to reflect soaring global crude prices, according to an official for the Egyptian company. Sinai officials to ask Saudi Arabia to halt oil dig in Red Sea
''Saudi Arabia must stop digging for oil in the Red Sea until impact assessments on marine life have been made,'' diving and environment officials say. 
