petroleum | Egypt Oil & Gas - Part 8

Saudi and Venezuela Work Together to Recover Falling Oil Prices

Venezuela and Saudi Arabia are coordinating joint action to recover oil prices, which fell 50% last year, and stabilise global oil markets, Venezuelan Minister of Economy and Finance and Public Banks Rodolfo Marco To ...

35% Savings on Petroleum Subsidies Due to Oil Prices Decline

Savings on petroleum product subsidies will reach an estimated 35% of the current value of EGP 100 billion for the FY 2014/2015 budget if current oil prices continue as is, Minister of Petroleum Sherif Ismail said.

Eni Signs New Concession Agreement in The Western Desert

Italy's Eni has signed a new concession agreement to operate in the South-West Melehia block in the Western Desert of Egypt, as Cairo continues to look to international operators to boost its flagging production.

Transport Ministry and Suez Canal Authority Refuse to allocate Port Said Pier for LNG Boat

A senior Ministry of Petroleum official said the Ministry of Transportation and Suez Canal Authority refused to allocate a pier at Port Said to receive a second regasification boat. The boat would allow shipments of ...

Kuwaiti Oil Drops to $47.36

The price of Kuwaiti oil went down by $3.99 Monday to $47.36 per barrel compared to $51.35 last Friday, said Kuwait Petroleum Corporation (KPC) Tuesday.

Electricity Sector’s Debts Repayment to Petroleum Ministry Scheduled

Egypt's Petroleum and Electricity Ministries have reached an agreement to reschedule debts owed to the Ministry of Petroleum by the electricity sector in the upcoming months. The debts have reached EGP 44 billion.

Dana Petroleum appoints new Managing Director in Egypt

Aberdeen-based Dana Petroleum has appointed Paul Barnett as the new Managing Director of its Egypt business.

Editorial Retraction: Error in January Issue Regarding Vega Petroleum Limited

Vega Petroleum Limited (VPL), a privately owned exploration and production company, established in the British Virgin Islands with its principals from the Middle East, announced today that it has successfully receive ...

Petrobel Expands Well Portfolio

Belayim Petroleum Company (Petrobel) has concluded drilling operations for two new developmental wells, the 113-M-113 well and the EBLS-2 well in adherence to its drilling plan for the 2011-2012 fiscal year.

Egyptian Petroleum Delegation Makes headway in Libya

During its visit of last month, The Egyptian petroleum delegation has accomplished fruitful progress in supporting the reconstruction of Libya's dilapidated petroleum industry.

Page 8 of 8

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register