gas | Egypt Oil & Gas - Part 62
China Cracking Down on Petroleum Corruption
Chinese prosecutors on Monday charged a former senior energy executive with bribery, abuse of power and other corrupt practices, the latest official to face court in a sweeping crackdown on corruption.
Credit Agency Cuts Nigeria to B+ on Weak Oil
Credit agency Standard & Poor's downgraded Nigeria's rating to B+ from BB- on Friday, saying the decline in oil prices in the past seven months had significantly affected the country's finances.
Private Egyptian Customers to Buy $1.2 Billion Worth of Tamar’s Natural Gas
A group of private customers in Egypt have agreed to buy at least $1.2 billion of natural gas from Israel's offshore Tamar field via an old pipeline built to send gas to Israel.
Egypt’s Petroleum Minister Sherif Ismail Speaks About Planned New Regulatory Agency
The total bill for fuel subsidies during the first half of the current fiscal year (July to December 2014) was EGP 7.44 billion pounds, said Minister of Petroleum and Mineral Resource Sherif Ismail in an interview wi ...
Egypt Signs $23.5 Billion Oil, Gas and Mining Agreements at EEDC
Several agreements were signed in oil, gas and mining sectors were signed at the recent Economic Summit, under the supervision of Minister of Petroleum Sherif Ismail, according to Summit-organiser Hill+Knowlton.
Iran: Expanding Energy Cooperation with Strategic Partners After Sanctions
Iran’s Minister of Petroleum Bijan Namdar Zangeneh has described energy cooperation with China as “a strategic decision,” reiterating that Tehran is ready to expand ties with Chinese companies after anti-Iran sanctio ...
GE Delivers 34 Gas Turbines to Egypt
General Electric said in a statement on Friday it had delivered 34 gas turbines to Egypt out of a planned 46 turbines total as part of a project to provide 2.6 gigawatts of power to the grid by May 2015.
$21 Billion Worth of Oil Deals Signed by Egypt
Egypt signed two oil and gas deals worth a total of $17 billion Saturday on the sidelines of the economic conference, and another $4 billion deal is scheduled to be signed Sunday.
