SH | Egypt Oil & Gas - Part 8
Zohr to Start Gas Production in December
Italian Eni's Zohr fiels is expected to start gas production in December 2016.
EGPC to Expand Oil, Diesel Import
The Egyptian General Petroleum Corporation (EGPC) is currently in negotiations with foreign importers to provide oil and diesel to create massive strategic reserves to cover market demands.
Eni to Drill Sixth Well in Egypt’s Zohr Field
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.
Egypt Saw 10% Rise in Fossil Fuel Usage
An official of the Egyptian Ministry of Petroleum said that the ministry has detected 10% increase in local usage of fossil fuel across all the governorates.
Oil Expert: IMF Loan is a Trap
'The International Monetary Fund (IMF) is a trap meant to drown Egypt in foreign loans and if Egypt accepts it, the country may soon declare bankruptcy,' said Ibrahim Zahran, a petroleum expert, in an exclusive inter ...
Oil Ministry Held Progress Workshop
The Egyptian Minister of Petroleum, Tarek El Molla, presided over a ministry's workshop aimed at studying suitable methods to improve oil and gas sector in Egypt, formulate a vision and outline a plan for the coming ...
Weatherford Egypt Witnesses Workers’ Protest
Fifty workers at Weatherford Egypt, an energy service company, staged a sit-in protest in front of the company's headquarter in Cairo, raising objections to a recent decision by the company to terminate their employm ...
Egypt: Fuel Prices Will Not Rise over IMF Loan
During negotiations with the IMF, the Egyptian government confirms that no changes will occur to current fuel prices and other reform efforts.
