Egypt | Egypt Oil & Gas - Part 435

Egypt Stocks Fall as Yemen Conflict Escalates

Egypt stocks plummeted on Sunday for the second consecutive session as the regional conflict in neighbouring Yemen pushed local investors to sell.

Chairman of Egypt’s EGAS Visits Cyprus to Discuss Gas Imports

Egypt and Cyprus have activated the exchange of information between the two sides to start the technical and economic studies for the marine pipeline importing gas from Cyprus’ Aphrodite gas field.

Industry to Issue New Operating Licenses amidst Energy Crisis

The Ministry of Industry and Foreign Trade announced yesterday that it is working on new regulations for issuance of operating licenses for the steel and cement industries.

Press Release: Egypt Ministry Endorses Transport Company Petroleum Arrows

Sherif Ismail, Minister of Petroleum and Mineral Resources, headed the proceedings of (Middle East Oil Refinery) Petroleum Arrows’s General Assembly to endorse its 2014 results.

Ministry of Petroleum Claims Responsibility for Power Shortage

Using power outage to rationalize local fuel consumption in Egypt is common news; however, this year power shortages have begun much earlier than the expected summer months

Only $3.285 Billion Still Owed by Egypt to Foreign Companies

Egypt owes foreign energy firms $3.285 billion having paid them $9.369 billion in arrears in the nine months to March 31,

Petroleum Ministry: MIDOR’s 2014 Results Endorsed

Sherif Ismail, Minister of Petroleum and Mineral Resources, headed the proceedings of (Middle East Oil Refinery) MIDOR’s General Assembly to endorse its 2014 results.

GPC Announces Oil Discovery in Egypt’s Western Desert

Tahrir al- Zafzaf, Chairman of the GPC, announced last Friday a discovery in the Abu Senan area in the Western Desert. Excavation began in the area last January according to Zafzaf,

Press Release: Current Production Numbers for GANOPE

Upper Egypt has recently witnessed increasing oil and gas activities, with many projects in E&P, refining, distribution, and natural gas. As a continuation of our efforts over the past 11 years of the company's lifet ...

ADNOC Issuing Gasoil, Gasoline Tenders for Alexandria and Suez

Abu Dhabi National Oil Co issued a tender to buy up to nine cargoes, or 300,000 tonnes, of gasoil for delivery into Egypt in April, traders said on Wednesday.

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