Eni Discovers Oil in Egypt’s Faghur Basin
Eni has made a new oil discovery in Egypt's Faghur basin, located in the Western Desert.
Egypt | Egypt Oil & Gas - Part 279
Egypt’s Daily 95-Octane Consumption More Than Doubles
Egypt’s daily national consumption of 95-octane benzene has increased by over 480% to average at 530,000 liters in April 2018, compared to 110,000 liters before June 2017.
IMF: 5.2% Egypt GDP in 2018
Egypt's gross domestic product (GDP) will reach 5.2% during 2018, up from 4.2% in 2017, according to new IMF projections.
Egypt’s Daily Consumption of 92-Octane Falls to 12.6M Liters
Egypt’s daily consumption of 92-octane benzene has reached around 12.6 million liters.
Egypt’s Diesel Consumption Falls 9.12% Y.o.Y
Egypt’s consumption of diesel reached 1.016 million tons in February 2018, a 9.12% year-on-year (Y.o.Y) decrease.
Butane Imports Decrease by 18.3% Y.o.Y
Egypt’s butane imports decreased by around 18.3% year-on-year (Y.o.Y) between February 2017 and February 2018.
Egyptian Consumption of Petroleum Products Drops 14.45% Y.o.Y
Egypt’s consumption of petroleum products fell by 14.45% year-on-year (Y.o.Y) to reach 2.682 million tons in February 2018, compared to 3.135 million tons in February 2018.
TransGlobe Completes Drilling K-45 Development Well in Egypt
Transglobe Energy Corporation has announced the completion of a drilling operation at Egypt's K-45 development well.
Egypt to Pay $200M in Arrears to IOCs
The Ministry of Petroleum and Mineral Resources will repay debts of $200 million to international oil companies in June 2018.
Egypt, Toyota Tsusho Discuss Petroleum Investments
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Toyota Tsusho's General Manager of Energy and Infrastructure, Yoshihiro Inoue, to discuss investment opportunities in Egypt's refining ...
