Cabinet Approves E&P Agreements in Suez Gulf

• Thursday, 8th February 2018
• by Sarah Samir

Egyptian Cabinet has approved a draft law to license the Minister of Petroleum and Mineral Resources to contract with EGPC and BP Exploration (Delta) Ltd. for exploration and production (E&P) activities in the nor ...

Egyptian Cabinet Approves EBRD $200 M Loan

• Thursday, 18th January 2018
• by Sarah Samir

Egyptian Cabinet has approved the $200 million loan agreement with the European Bank for Reconstruction and Development (EBRD), which is set to finance the modernization of a number of selected gas infrastructure ...

EGPC to Supervise Development in Ras Fanar

• Thursday, 14th September 2017
• by Egypt Oil & Gas

The Egyptian Cabinet granted preliminary approval for the Egyptian Natural Petroleum Corporation (EGPC) to supervise the development of the Ras Fanar area.

Cabinet Extends SUMED’s Mandate

• Sunday, 20th August 2017
• by Sarah Samir

The Egyptian cabinet extended the Arab Petroleum Pipeline Company’s (SUMED’s) mandate for an additional 27 years.

MoF: No Increase in Fuel Prices until Next July

• Monday, 3rd July 2017
• by Mariana Somensi

There will be no further increase in fuel prices during the fiscal year (FY) 2017/18, according to the Egyptian Minister of Finance.

Cabinet Approves Six Agreements between EGPC and IOCs

• Sunday, 28th May 2017
• by Sarah Samir

The Egyptian cabinet met on the 25th of May and approved six agreements between the Egyptian General Petroleum Company (EGPC) and a number of unnamed IOCs for oil exploration in the Western Desert.

Egypt Increases Smart Card Program Participation

• Thursday, 4th May 2017
• by Sarah Samir

E-Finance's Smart Cards Manager, Khaled Abdel Ghany, stated that 12,000 Egyptian citizens recently applied for fuel smart cards.

Egypt’s Private Sector to Start Importing Gas by October

• Wednesday, 19th April 2017
• by Dr. Mahinaz El-Baz

Egypt's Cabinet decided to regulate importing gas by private sector starting from October.

Electricity Ministry to Report Renewable Projects to Cabinet

• Tuesday, 31st January 2017
• by Sarah Samir

The Egyptian Ministry of Electricity and Renewable Energy will present a detailed report to the cabinet explaining the situation of new and renewable energy projects.

Ministry of Electricity Asked for Extra Budget

• Tuesday, 3rd January 2017
• by Sarah Samir

The Egyptian Ministry of Electricity presented a memorandum to the Cabinet asking to increase allocations after the EGP devaluation.