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.
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.
Dana Gas, an energy firm based in the United Arab Emirates, could recover all of its outstanding arrears from the Egyptian government by next year, its Group Chief Executive Patrick Allman-Ward said.
British oil company BP (BP.L) finalised on Saturday a $12 billion deal with Egypt to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates in the West Nile Delta.
The Egyptian Minister of Petroleum and Mineral Resources Sherif Ismail and Eni's CEO Claudio Descalzi signed Saturday a Head of Agreement, aiming at the development of the oil and gas resources of the Country while p ...
Europe is likely to attract fewer liquefied natural gas (LNG) shipments than previously expected this summer as Egypt gears up to become the region's top-paying importer, traders said, potentially increasing gas pric ...
Natural gas output from the Haynesville deposit in Louisiana, which lost the crown as the nation’s biggest source of gas from shale two years ago, is growing again as drilling costs decline.
Oil and natural gas exploration company Oando Energy Resources Inc. announced the construction of infrastructure for Qua Iboe field in Nigeria is finished and commercial production has begun, according to a press rel ...
PRESS RELEASE, BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6t ...