An official source at the Egyptian General Petroleum Corporation (EGPC) said that the Egyptian refineries are operating at only 70% capacity due to shortages in inputs and a decrease in the efficiency of the refinerie...
The Assistant Sub Governor for Foreign Reserves at The Central Bank of Egypt (CBE), Rami Aboul Naga, said that Egypt paid $630m in financial obligations to Italian oil and gas company Eni in January to develop the gia...
The Ministry of Electricity has settled EGP 21.2b of its debts to the Ministry of Petroleum, from a total debt of EGP 60.9b, Daily News Egypt reported. Banque Misr and the National Bank of Egypt granted the Ministry o...
A source at the Egyptian Ministry of Petroleum and Mineral Resources stated to Egypt Oil&Gas that Egypt plans to increase natural gas production from 4.4bcf/d to 5bcf/d in 2017. The plan will be executed through c...
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed possible oil and gas investments opportunities with a delegation from Russian state-owned energy company Zarubezhneft in the attendan...
In a press release to Egypt Oil&Gas, the Egyptian Ministry of Petroleum spokesperson, Hamdi Abdelaziz, stated that Egypt has received oil cargos, after Saudi Aramco informed that it will not be able to provide Oc...
A press release from the Egyptian Ministry of Petroleum and Mineral Resources stated that the minister, Tarek El Molla, headed the General Assembly of the Egyptian Natural Gas Holding Company (EGAS) to review its fisc...
The Egyptian Ministry of Petroleum and Mineral Resources agreed with Royal Dutch Shell Petroleum Company to re-price gas produced in phase 9C from Burulus field to be the same pricing as 9B phase gas, ranging between ...
Egypt’s Misr Iran Bank agreed to fund two government authorities with EGP 200m. Both the Ministry of Electricity and Renewable Energy and the Ministry of Petroleum and Mineral Resources will each get EGP 100m in...
In a press release to Egypt Oil&Gas, the Egyptian Minister of Petroleum, Tarek El Molla, announced that the ministry is working on improving operations along the national pipeline grid for oil and petroleum deriva...