energy | Egypt Oil & Gas - Part 19
Egyptian Citizens Each Receive an Average of EGP 692 Worth of Subsidized Petroleum Products
In its “budget of citizen costs for the current fiscal year (2015-2016),” the Ministry of Finance announced that the subsidy bill for petroleum products this year was EGP 61.7b—compared to EGP 100.3b—during the last f...
President Sisi to Cooperate on Energy With Cyprus
President Abdel Fattah El-Sisi met with his Cypriot counterpart, Nicos Anastasiades, while in New York, said Natural Gas Europe. The two leaders discussed regional cooperation on the sidelines of the UN General Assemb...
Qatar to Host IPTC as Oil Sector Continues to Diversify Investments
The ninth International Petroleum Technology Conference (IPTC) is scheduled to take place in Doha, Qatar from December 7 to 9 this year, announced Trade Arabia. The event will be held at the Qatar National Convention ...
Kenya to Host an International Investment Conference
Kenya is planning to host an international investment conference from Nov. 22 to 25 to attract investors for projects, including expansion of airports, railway, tourism, roads, dams, and energy projects, Global Post r...
African Energy Deficit, at The Top of African Development Bank’s Agenda
African Development Bank President Akinwumi Adesina, who took over in September, said he’s aiming to eliminate Africa’s energy deficit by 2025 by mobilizing $55b of investment, Naijda247 reported. About 620m people in...
Italy to Discuss Energy Business in North Africa
Italian Economic Development Minister Federica Guidi is in a business mission in North Africa. First she will visit Algiers where is planning a series of institutional meetings with major offices in the country includ...
Finance Minister: Massive Gas Find Will Not Affect Subsidy Reform
Al Arabiya quoted Hany Kadry Dimian, the Egyptian finance minister, saying that the discovery of a massive new offshore natural gas field will not slow down his country’s efforts to slash energy subsidies. The s...
South Africa’s Sasol Reports Lower FY2015 Earnings and Dividends
South African Petrochemicals Company Sasol Limited today released full results for the year ending in June 2015, lowering its dividend after weaker oil prices hit earnings. The world’s top maker of motor fuel fr...
