Egypt | Egypt Oil & Gas - Part 437

Petroleum Ministry: Contract Signed to Establish New Gasoline Producing Complex in Assiut

Sherif Ismail, Minister of Petroleum and Mineral Resources, witnessed the signing of a contract for the establishment of a new complex for the production of high octane gasoline (CCR) for the Assiut Petroleum Refinin ...

Suez Bunker Price Hit with New Fuel Deliveries

Bunker fuel oil prices at the Egyptian port of Suez collapsed Thursday, following the delivery of a fresh cargo of 380 CST fuel, sources said.

Oil Prices, New Investments Expected to Ameliorate Egypt Deficit

EGYPT’S balance of payments deficit in the first half of fiscal year 2014-2015 increased to $1.9 billion, 150% higher than its level in the corresponding period the previous year

Egypt-South Africa Cooperation Over Renewables

Chairman of the Industrial Development Authority Ismail Gaber stressed keenness of the Ministry of Industry on strengthening relations with South Africa at bilateral and regional levels.

UAE’s ADNOC Plans to Invest EGP 10 Billion in the Petroleum Sector

ADNOC UAE plans to inject investments an estimated EGP 10 billion into the Egyptian market over the next five years.

Power Cuts Due to Mediterranean and Western Desert Maintenance

Different parts of Egypt spent at least an hour in darkness Wednesday night, arousing fears of recurrent –and almost daily- outages in the upcoming summer as the country has been facing the worst energy crisis over t ...

Egypt Sentences 4 for Bombing of Gas Pipeline

The Tanta Military Court on Thursday sentenced four civilians to 20 years each for complicity in the bombing of a natural gas pipeline in Egypt’s Delta governorate of Gharbia in July 2014

Development Authority Balancing Cement Production with Energy Needs

Egypt studies granting around 12 new licenses for cement production within the coming three months, the Industrial Development Authority’s vice chairman announced Tuesday.

Thai Company Pulling Out of Egypt Gas Pipeline

Thailand's largest energy firm PTT PCL is keen to sell a 25% stake in Egyptian gas pipeline company East Mediterranean Gas (EMG), which has stopped operations in recent years, chief financial officer Wirat Uanarumit ...

Bechtel Egypt Trial in the US Leads to Conviction

A former principal vice president of US-based Bechtel Corp. was sentenced to 42 months in prison for accepting $5.2 million in a scheme to manipulate bidding for power contracts in Egypt.

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