Gulf Of Suez Petroleum Company (GUPCO) plans to increase its production in fiscal year 2017/2018 from its EDFO concessions, Balayeem concessions and Tour Sinai concessions.
The Egyptian Ministry of Petroleum and Mineral Resources will receive $250m from the Ministry of Finance within January to pay dues of fuel providers to be able to import more fuel and release any cargo held in the E ...
Egypt, led by Prime MinisterSherif Ismail, decided to delay increasing fuel prices to May 2017. This came in hopes to linking the price hikes to the generalization of the third phase of fuel smart cards across the c ...