EGPC | Egypt Oil & Gas - Part 50

Shell Announces New Gas Discovery in Egypt

International oil giant, Shell Petroleum Company, discovered a new gas field in Alam El Shawish concession area in the Western Desert, informed Egypt Oil&Gas citing Shell Egypt’s press release. The new well ...

Petrogas to Supply 1.5m Tanks of Butane Daily

Petrogas CEO, Adel Al Sheikh, stated that the company will increase the supply of butane gas by 100,000 tanks/d to reach 1.5m tanks/d, reported Al Mal News. He added that Petrogas received a number of complaints from ...

El Molla: Egypt To Increase Oil,Gas Production

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated in a press release that Egypt is focusing on increasing the country’s strategic reserves and production in the oil and gas sector. The g...

Egypt’s Diesel Reserves to Cover 5 Days of Demand

Egyptian General Petroleum Corporation’s Chairman, Tarek El Hadidi, stated that Egypt has enough diesel stored to cover five days of local demand, with import cargos arriving regularly. He added that Saudi Arabi...

Electricity Ministry Borrows EGP 5b to Pay EGPC

The Egyptian Ministry of Electricity agreed to obtain a loan worth EGP 5b to pay its dues to the Egyptian General Petroleum Corporation (EGPC) for fuel provided to power plants, reported Al Borsa News. A source from E...

EGPC to Expand Oil, Diesel Import

The Egyptian General Petroleum Corporation (EGPC) is in negotiations with foreign importers to provide 370,000t/m of oil and diesel to create massive strategic reserves to cover domestic market demands, starting from ...

Obituary: Dr. Eng. Hamdy El Banbi Passed Away

Egypt Oil&Gas is saddened to announce that Dr. Eng. Hamdy El Banbi passed away at the age of 81. He died after a short illness in the Armed Forces Hospital in Cairo surrounded by his closest family. Dr. El Banbi w...

Oil Ministry, Apache to Amend Oil Agreement

Egyptian President Abdel Fattah al-Sisi issued a decree granting the Petroleum Ministry the permission to amend the agreement on oil exploration in Khalda region in Western Desert, according to Amwal Al Ghad. The agre...

Egypt Evaluates Gas Prices in Market Liberalization Efforts

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the Egyptian General Petroleum Corporation (EGPC) gives priority to reforms within the gas market, in order to guarantee that deman...

Eni to Drill Sixth Well in Egypt’s Zohr Field

An official at the Egyptian General Petroleum Corporation (EGPC) stated that the ministry has reached an agreement with Italy’s Eni to start drilling the sixth and last gas well in the Zohr field in the Mediterr...

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