Cabinet Meeting
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Cabinet Approves New Regulations for Oil, Gas Exploration
Wednesday, 28th August 2019
The Cabinet approved regulations regarding 17 petroleum commitment agreements for the oil and gas exploration, during their 54th meeting.
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The Egyptian Government Takes Up Bi-Fuel Vehicles
Monday, 15th July 2019
The Egyptian Prime Minister, Mostafa Madbouly, followed up on the duel-fuel vehicles program and urged the formation of a team to handle the program.
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CBE to Offer Loans for Natural Gas Vehicle Conversion
Tuesday, 19th February 2019
The Central Bank of Egypt (CBE) will offer 5% interest loans to encourage car owners to transform their vehicles to natural gas-powered or mixed-fueled cars, running with both natural gas and gasoline
Latest News
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Norpetco Inaugurates HSE Project with $1.3 MM
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021