Egypt | Egypt Oil & Gas - Part 340

Clean Energy Development in Egypt

Egypt was once an exporter of oil and gas, but now it is struggling to meet its own energy needs. The growth in energy consumption is a response to the country's economic expansion, industrialization, and change in ...

Egypt Seeks to End Fuel Subsidies by 2018

Egypt may gradually scrap subsidies on oil products by 2018, introducing coupons for gasoline and diesel as part of the phaseout, the independent newspaper Al Masry Al Youm reported, citing unidentified officials.

EMG shareholders sue Egypt over treaty violations

International shareholders in East Mediterranean Gas (EMG), the company that oversaw the now defunct Egyptian-Israeli natural gas deal, said on Thursday they were suing the government of Egypt for violating three bil ...

Kuwait Energy Invests $400 Million in Egypt

Kuwait Energy is estimated to have pumped approximately $400 million of investments into the Egyptian petroleum sector, as the company increases exploration and production activities in the country.

Jordan says Egypt gas cuts cost Amman $2 bln

Energy-poor Jordan warned on Monday that cut-offs in unstable Egyptian gas supplies could cost the kingdom more than $2 billion this year.

ExxonMobil work in Egypt suspended amid strike

In front of the factory of ExxonMobil, in the industrial city of the 10th of Ramadan, workers posted banners saying ''No to contracts of forced labour or tyranny,'' and ''The free people of 10th of Ramadan ask for eq ...

Ukraine to increase oil production through development of shelf and fields in Egypt

Ukraine is planning to increase its own oil production, first and foremost, through the development of the Subotynske oil field on the Ukrainian shelf of the Black Sea and oil fields in Egypt, where Naftogaz of Ukrai ...

Jordan to import more fuel oil due to pipeline disruption

Jordan Petroleum Refinery Co, the country's sole refinery, is importing more fuel oil and gasoil for power generation, as continued attacks on a pipeline running through Egypt, Israel and Jordan disrupt natural gas s ...

Total eyes 200bn unfound oil barrels in Egypt, Libya

Total SA is planning to explore for oil and natural gas off the coasts of Libya and Egypt, a region that may hold as much as 200bn barrels of oil equivalent, a company official said.

US Apache Corp To Expand Egypt Investments By $1 Bln In 2013 -Kuna

U.S. oil and gas producer Apache Corp. (APA) has reached a deal with Egypt to expand its oil and gas investments in the North African country in 2013 by $1 billion, Egypt's Minister of Oil Abdullah Ghorab said, accor ...

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