gas | Egypt Oil & Gas - Part 43

Crescent Group to Invest $300m in Egypt

The Crescent Group, locally represented through Dana Gas, plans to invest $300m in gas exploration and excavation projects in Egypt, reported Al Mal.

Egypt’s Gas Consumption Rises to 1,765 BCF

Vice Chairman for Operations & Natural Gas Grids told Egypt Oil & Gas (EOG) that natural gas local consumption increased during Fiscal Year 2014/2015, reaching 1,765 BCF (an average of 5,000 MMSCFD).

Independent Gas Regulator Plan Released for Egypt

Al-Borsa newspaper was able to get hold of the summary of the project for setting up an independent gas regulator in Egypt, put together by the European Union's Technical Assistance for the Reform of Energy Sector (T ...

EGPC to Announce New Bid Round

Sources at the Egyptian General Petroleum Company (EGPC) informed Egypt Oil & Gas (EOG) that the company is preparing to issue a new bid round before the end of the year.

Israel Agrees to Mediterranean Field Deals

Israel’s cabinet has reached agreements with Noble Energy and Delek Holdings to increase gas production in the East Mediterranean fields of Tamar and Leviathan,

Algeria Calls for Non-OPEC Members to Cut Production Rates

The Algerian energy minister stated that non-OPEC nations need to help to stabilize international oil prices,

Egypt Gas Company Records Losses of EGP 48.6m

State owned Egypt Gas company, an affiliate of the Egyptian Natural Gas Holding Company (EGAS), recorded losses of EGP 48.6m ($6.2m) during the first 6 months of 2015, in comparison to the recorded profits of EGP 25. ...

Italy Revamps LNG for Transport

After failing to become a European hub for natural gas, Italy is looking for alternative ways to use the fuel,

Russia Expands Claims of Oil Resources in Arctic

Russian President Vladimir Putin recently stated that his country is laying claim to an additional 1.2m square km of territory in the Arctic, The BBC

Chinese Demands Jeopardize Joint Oil Projects with Iran, says Iran

Trouble seems to be brewing between China and Iran according to statements made by Iran's Deputy Petroleum Minister Abbas She’ri-Moqaddam

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