The Ministry of Petroleum and Mineral Resources informed the Electricity Ministry of the possibility to totally rely on natural gas to run power plants instead of using mazut.
Egypt lift fuel subsidies over 5 years to reach zero allocations in the Egyptian budget. The allocations will be used for other fields, such as education and health.
The Egyptian Electricity Holding and the Egyptian Maintenance Company for Petroleum Services will establish a joint venture with Germany's Siemens to increase oil production through boosting the number of generators ...
Egyptian Minister of Finance, Amr El Garhy, stated that the North African Country plans to receive EGP 6b out of selling state-owned firms' stakes in the Egyptian Stock Exchange (EGX) during fiscal year 2017/2018
The Egyptian Ministry of Petroleum and Mineral Resources, along with the ECHEM and Sidpec, plans to establish a new polypropylene factory in Sidpec's headquarter in Alexandria.