News / Egypt
Egypt FDI slips 16 pct as oil investment dips
Foreign direct investment in Egypt fell 16 percent for the fiscal year 2009/10, pulled lower by slowing inflows to the oil and gas sector, the Investment Ministry said. Egypt, China eye joint oil services firm
Egypt is studying setting up a company with China Petroleum & Chemical Corp (Sinopec) to provide oil services in Egypt, the Middle East and Africa, Egypt's state news agency cited its oil minister as saying. Egypt supporting oil, gas exploration to lure foreign investments
Egypt Petroleum Minister Sameh Fahmy highlighted the importance of supporting oil and gas exploration works. Fahmy went on to say that it is necessary to lure foreign investments to maximize opportunities in a dynamic energy market. Egypt: New Oil Pipelines Company to be set up
A new oil pipelines company will be set up to confront challenges of the private sector importation of oil products and the needs of development plans , Minister of Petroleum Sameh Fahmy said. EGAS denies price reduction on gas exports to Israel
The state-run Egyptian National Gas Holding Company (EGAS) confirmed that prices for Egyptian natural gas exports to Israel were both "in accordance with global price levels" and "economically feasible," denying reports of recent price reductions. Importing solar energy and exporting uranium
What is remarkable in the figures and statistics on global trade, and the breakdown of the goods traded present in the reports of the OECD, is that the most important imports of major industrialized countries are oil and hydrocarbons, while their most important exports are nuclear power plants. IPR scores another Alam El Bueib discovery in Egypt’s Western Desert
IPR, and its partner, Sojitz Oil and Gas, have discovered another oil bearing structure in the underlying Alam El Bueib sands in the Yidma-Alamein License in Egypt's Western Desert. Naftogaz Ukrayiny extracts its first crude from Egyptian deposit
Ukrainian Journal reported that Naftogaz Ukrayiny extracted its first 100,000 barrels of crude oil from Gharadig oil deposit at the Alam El-Shawish East block in Egypt. 
