arbitration
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Petroceltic to File an Arbitration Case against EGPC
Monday, 18th February 2019
The company plans to file an arbitration case as EGPC breached obligations in several gas sales agreements and was not able to pay its debts in time.
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Egypt Agrees $1.7B Settlement in Arbitration Case with Israel
Thursday, 22nd November 2018
Egypt has agreed to pay Israel a $1.7 billion settlement in the arbitration case filed by the Israel Electric Company against the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corporation (EGPC).
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Nostra Terra’s East Ghazalat Dispute Referred to Arbitration
Monday, 30th April 2018
Nostra Terra Oil and Gas Co has announced that a dispute between its subsidiary and North Petroleum over the East Ghazalat Concession has been referred to arbitration.
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Wind Farm Halted Due to Arbitration Clause
Thursday, 29th December 2016
Egypt called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Cairo, in order to complete the contracting on the Suez Gulf wind farm. -
Egypt Finalized FiT Phase II Arbitration
Thursday, 17th November 2016
The Egyptian Cabinet has approved Paris as a seat for international arbitration in phase II of the energy purchasing Feed-in-Tariff (FiT) program. -
SacOil Settled Nigdel Dispute
Thursday, 13th October 2016
SacOil has entered into a settlement agreement, with Nigdel United Oil Company Ltd, relating to the SacOil's legacy involvement in Oil Prospecting License (OPL) 233 in Nigeria. -
Kuwait Waived $1.2b Claim Against Egypt
Tuesday, 11th October 2016
Bawabet Al Kuwait Holding Company officially waived it's claim against the Egyptian government in regarding gas supplies to AlexFert. -
Egypt Approved International Arbitration for FiT Deals
Wednesday, 7th September 2016
The Egyptian Minister of Electricity stated the ministry's approval on international arbitration in case the investors refused Egyptian arbitration tribunal. -
Ministry of Electricity Persists on FiT Terms
Tuesday, 23rd August 2016
The Egyptian Minister of Electricity, Mohamed Shaker, maintained his position regarding funding and arbitration of solar projects. -
Egypt to Consider International Arbitration in FiT Agreements
Sunday, 21st August 2016
The Egyptian Ministry of Electricity and Renewable Energy is considering international arbitration in the second phase of Feed-in Tariff (FiT) program for renewable energy.
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Agreement with Belgian DEME for Studies of Green Hydrogen Production
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021