gas | Egypt Oil & Gas - Part 56
BG to Hold Rights to Rosetta Concession But Not Offshore Facilities
According to BG Group’s first-quarter offshore activities the group will continue to hold rights to the Rosetta concession, reported Offshore magazine. This is in spite of an agreement the company had signed previous ...
World Bank Financial Group Targets Chinese Gas Companies for Investment
The World Bank’s private lending arm is targeting investments in natural gas companies in China, the largest growing market for the fuel.
EU Hopes to Reduce Energy Dependence on Russia with US Help
The European Union is increasing pressure on Washington to include an energy chapter in a planned trans-Atlantic trade deal that would allow U.S. exports of natural gas and oil and reduce the bloc’s dependency on Russia.
Russia Seeks EU Support for Gas Pipeline Crossing Turkey
Russian Foreign Minister Sergei Lavrov has urged the European Union to support the idea of a Moscow-backed pipeline that would bring natural gas across the Black Sea to Turkey and the rest of Europe.
State-Owned Gas Company Loses EGP 17.3m
Government-owned natural gas projects company Egypt Gas has registered EGP 17.3m losses in the first quarter (Q1) of 2015, compared to EGP 73.1m recorded profits in Q4 2014, the company announced on Sunday.
Canada Pledges New Regulations on Oil, Gas Emissions
Canada has pledged to cut greenhouse-gas emissions by about a third by 2030, partly by introducing new regulations on its oil and gas sector.
Serbia Seeks to Join Turkish Stream Pipeline Project
Serbia is ready to sign onto the Turkish Stream pipeline project, the country's Minister of Foreign Affairs Ivica Dacic said Friday, according to local news reports.
Egypt to Boost Coal Production Despite Un-need
Energy experts said Egypt loses 20% of its electricity energy due to poor and old networks, in addition to a lack of oil and natural gas supplies. Egypt currently suffers from a major energy crisis due to the increas ...
