gas | Egypt Oil & Gas - Part 62
Development Authority Balancing Cement Production with Energy Needs
Egypt studies granting around 12 new licenses for cement production within the coming three months, the Industrial Development Authority’s vice chairman announced Tuesday.
Thai Company Pulling Out of Egypt Gas Pipeline
Thailand's largest energy firm PTT PCL is keen to sell a 25% stake in Egyptian gas pipeline company East Mediterranean Gas (EMG), which has stopped operations in recent years, chief financial officer Wirat Uanarumit ...
IGU Urges Europe to Diversify Their Gas Supply
International Gas Union (IGU) has said that they are advising European Union to diversify its sources of gas supply to secure its energy demand as tensions with Russia, which is one of the main suppliers of gas to Eu ...
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.
