Fuel | Egypt Oil & Gas - Part 12

Tuk Tuks and Motorcycles to Be Included in Smart Card System

In an exclusive statement made to Egypt Oil & Gas (EOG), Khaled Abdul Ghani, Director of the Smart Card system, said that the new council of ministers were compiling all of the necessary statistics for those who were ...

Ministry of Petroleum to Boost Fuel Supply for Eid

Tarek El Molla, Egypt's new Oil Minister, announced that the ministry will ensure additional quantities of diesel fuel and gasoline are supplied to the market especially during the feast days, with a focus on highwa ...

Signs of Fuel Crisis in Cairo

Signs of a fuel crisis are beginning to emerge in Cairo neighborhoods after a number of gas stations ran out of gasoline yesterday, reported Egypt Oil & Gas (EOG).

Petroleum Ministry Signs New Deal with Saudi Aramco

The Ministry of Petroleum announced signing of an agreement with Saudi Aramco – the largest energy company in the world – to provide Egypt with its needs of petroleum products for three months, reported Reuters. Repa ...

Egypt to Issue Tender for 300,000 Tons of Fuel

Sources at EGPC told Egypt Oil & Gas (EOG) that a tender for importing 300,000 tons of fuel and diesel will be issued end of September. The decision comes as part of the government's plan to have a 15 day stock of a ...

South Valley Cement Invests EGP 200m to Shift to Coal

South Valley Cement Company (SVCE) is currently installing a coal mill that is scheduled to be finished by mid-2016, said General Manager Ahmed Ibrahim to Amwal al Ghad.

Major US Refinery Shuts Down; Creates Oil Glut and Gasoline Dearth

A large gasoline refinery in the US state of Indiana has shut down for repairs after technicians discovered leaking pipes, Bloomberg

Nigeria’s Oil Company Kept Most of Oil Revenue

Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council (NEC) said on Monday.

Nigeria Relaxes Grip on Gas Prices to Increase Power-Plant Supply

Nigeria’s energy regulator said it’s prepared to approve higher prices for natural-gas supply to ensure increased deliveries to the nation’s ailing power plants.

Fuel Shortages to Hit Nigeria Says Seplat CEO

Nigeria will probably be hit by fuel shortages in three weeks as the government doesn’t have enough money to pay for gasoline subsidies, according to the head of Seplat Petroleum Development Co Plc.

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