Petroleum Safety and Environmental Services Company (PETROSAFE) has cleaned-up the oil spill occurred Friday from a power plant in the Nile of Assiut, chairman Magdy Fahmy stated Saturday. The company has sent a figh ...
Oil and gas company Aminex PLC announced that it has converted its stake in the West Esh El-Mallahah-2 production sharing contract in Egypt into a royalty.
The internationally-recognized East Libyan government has announced that it will be hosting a conference in Dubai to sign new leases and production agreements, Reuters reported.
A source informed Amwal Al-Ghad that the financing portfolio for the petroleum sector recorded loans and credits of EGP 41b ($5.2b) at the National Bank of Egypt (NBE).