government | Egypt Oil & Gas

US Gives Green Light to Increase LNG Supply to Europe 

The American government announced that it had approved to provide additional exports of liquefied natural gas (LNG) from two major facilities on the U.S. Gulf Coast to Europe, Reuters reported. 

Eni to Develop Decarbonization Projects in Congo

Eni has signed a memorandum of understanding (MoU) with Congo’s government to help enhance the country’s agro-biofuel sector.

Oman Revises Petrol, Diesel Prices

Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March. The prices for super grade and regular petrol decreased, while diesel price remained unchanged.

Libya’s Oil Production Drops to 360,000b/d

Libya's National Oil Corporation (NOC) stated that country's total oil production had recently decreased to between 360,000 and 370,000b/d due to the ongoing attacks conducted by Islamic State on Libya's oil infrastr ...

Libya Has Lost $68b in Oil Revenues Due to Instability

Amid discussions to form a unity government in Libya, the head of the country’s national oil company, Mustafa Sanalla, urged reconciliation and stated that the country had lost $68b in oil production and exports sinc ...

EGYPT: Petroleum Minister to Become New Prime Minister

The Prime Minister of Egypt, Ibrahim Mehlab, and the entire cabinet have announced their resignation, Reuters reported ...

Egypt Spent EGP 126.3bn in Petroleum Subsidies in 2013/14

Egypt has spent EGP 126.3bn on oil products subsidies during the fiscal year (FY) 2013/2014, according to a US Energy Information Administration (EIA) report on Egypt’s energy released in June.

Petroleum Industry Promotions

The Minister of Petroleum Sherif Ismail approved the following promotions within state-owned companies.

Industry to Issue New Operating Licenses amidst Energy Crisis

The Ministry of Industry and Foreign Trade announced yesterday that it is working on new regulations for issuance of operating licenses for the steel and cement industries.

Page 1 of 1

Lost Password

Register