Natural Gas | Egypt Oil & Gas - Part 98

Haynesville Shale Gas Makes a Comback After Low Drilling Costs

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.

Oando Energy To Start Oil Production Field in Nigeria

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 ...

BP Announces Second Major Natural Gas Discovery in Egypt’s East Mediterranean

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 ...

US Hedge Funds Quacking Under Strained Oil, Gas Markets

Hedge funds cut bets on rising oil prices at the fastest pace since December 2012 as U.S. inventories expanded to the highest in more than three decades.

Egypt to Halt LNG Imports by 2020: Sherif Ismail

Egypt hopes to halt liquefied natural gas imports in 2020, Oil Minister Sherif Ismail said on Monday, as projects to develop its own gas fields are completed.

EGAS Announces New Bid Round

EGAS announced a new international bid round for 2015 for 8 Blocks in the Mediterranean Sea with a total area of 11,849 km2.

Eni to Increase Investments in Egypt

President Abdel Fatah al-Sisi met Saturday with Chief Executive Officer of Italian oil producer Eni, Claudio Descalzi, who announced that his company intends to increase its investments in Egypt in the coming period.

Sameh Fahmy Acquitted from Corruption Charges

An Egyptian court has cleared former petroleum minister Sameh Fahmi of corruption charges linked to a highly controversial gas deal with Israel, a judicial source said on Saturday. Five other former ministry official ...

Jordan, Egypt to Potentially Receive Gas from Proposed Iraqi Pipeline

The Jordanian Minister of Energy and Mineral Resources, Mohamed Hamed, announced Jordan's intention to pursue a project to extend a gas pipeline from Iraq to Jordan. This would provide his country and potentially Egy ...

South Africa To Build Infrastructure for Gas Imports

South Africa plans to build the infrastructure to import natural gas to supply electric turbines as the country deals with a shortage of power, the Department of Energy said.

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