The Ministry of Petroleum and Mineral Resources along with the Ministry of Finance are adjusting the hedging mechanism for fiscal year (FY) 2019/2020 amid oil price fluctuations, Al Borsa reported. Oil prices fell bel...
The Ministry of Petroleum has allowed Eni and BP to export natural gas from their respective shares in the Zohr and North Alexandria fields through the Idku liquefaction plant after meeting the local market needs and ...
Egypt plans to link natural gas to 1.2 million households during 2019 across areas that have not received natural gas before, El Ahram reports. The Ministry of Petroleum and Mineral Resources confirmed the continuous ...
The Ministry of Petroleum and Mineral Resources is developing new infrastructure expansions to transport and store fuel, upgrading efficiency and adding new energies, Egypt Oil and Gas reports. According to the Minist...
The Egyptian Ministry of Petroleum issued new promotions and transferals of company Heads with the aim to exchange expertise and support production sites of human talents and efficiencies, Ahram Gate reported. Hesham ...
BP submitted a request for the Ministry of Petroleum to receive its approval to sell the company’s stake in the Gulf of Suez Petroleum Company (GUPCO) to Dragon Oil Company, petroleum sources told Al Borsa Newsp...
The Ministry of Petroleum agreed along with the Ministry of Electricity to sell natural gas to power plants for $3 per 1 million thermal units (mtu) in the budget plan of fiscal year (FY) 2019/20, sources at the minis...
The Egyptian Ministry of Petroleum issued new promotions and transferals to let employees exchange expertise and support production, Al Ahram Gate reported. Ahmed Hassan Abu El Ainein was appointed Assistant of the Eg...
The Egyptian oil and gas sector has followed an integrated reform strategy throughout the past four years, which paved the way for many unprecedented milestones, the Ministry of Petroleum said in a report cited by Al ...
Weatherford has inaugurated its new facility and office space in Cairo in a ceremony that took place today and gathered the company’s top management and industry leaders, Egypt Oil & Gas reports. The new facility ...