Egyptian Banks to Finance Oil Firms with EGP 4 B

• Wednesday, 21st February 2018
• by Sarah Samir

Five Egyptian Banks have signed a financing agreement of EGP 4 billion to fund state-run Co-operation Petroleum Company (Copetrole) and Misr Petroleum Company, Amwal Al Ghad reported. Each of the two companies will re...

Oil Firms Reject Tanzania’s Petroleum Act 2015

• Tuesday, 7th February 2017
• by Sarah Samir

Oil firms are in dispute with the Tanzanian government over local content obligations contained in Petroleum Act 2015. These disagreements have appeared as the Tanzanian government started collecting stakeholders̵...