Egypt’s Industrial Development Authority is examining proposals from several investors worth EGP 48 billion for developing downstream oil and gas projects including refineries and petrochemicals production. Mr I...
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...
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. Amo...
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 bila...
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. As part of its dri...
Energy-poor Jordan warned on Monday that cut-offs in unstable Egyptian gas supplies could cost the kingdom more than $2 billion this year. “We are worried about the energy situation. Egypt’s gas supplies h...
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 Rama...
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 Ukrain...
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 ...
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. The Paris-based company will drill...