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Egypt Approves Draft Law for the Egyptian Gas Regulatory Authority
Thursday, 5th November 2015
The Egyptian cabinet approved in its weekly meeting several draft laws, including that of the gas regulatory, reported Egypt Oil & ga -
EGPC to Issue New Bid Round in December
Tuesday, 3rd November 2015
Sources at the Egyptian General Petroleum Corporation (EGPC) have informed Egypt Oil & Gas that a new bid round will be announced at the end of December 2015. -
Sisi: Gas Shortages to Factories to End This November
Monday, 2nd November 2015
Egyptian President Abd Al-Fattah Al-Sisi, noted during yesterday's speech, that the country has been trying to resolve the energy crisis over the past year and a half, focusing on improving the electricity infrastructure. -
Eni to Produce 70,000 Boepd from Nile Delta
Monday, 2nd November 2015
Eni has announced in a press release the success of the appraisal well "Nidoco North West 3," in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta. -
North Alexandria Concession to Begin Production Early 2017
Sunday, 25th October 2015
Egypt Oil & gas learned that British Petroleum (BP) will begin production at its North Alexandria concession early 2017, rather than mid-2017, as originally planned. -
Tarek El Molla: No Truth to Increase in Fuel Prices
Sunday, 25th October 2015
During a press conference at the ministry of petroleum, Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that there will be no decrease in subsidies of petroleum products, reported Egypt Oil & Gas. -
3rd FSRU to Arrive in March
Monday, 12th October 2015
Sources at EGAS told Egypt Oil & Gas, that the 3rd floating Storage and Reclassification Unit (FSRU) ship is planned to arrive to Egypt the coming March of 2016. -
Egypt Announces Results of LNG Tender
Monday, 12th October 2015
Tarek El Molla, Minister of Petroleum and Mineral Resources received a report from Khaled Abdel Badie, Head of the Egyptian Natural Gas Holding Company (EGAS) regarding the outcome of the tender issued by the company for the supply of LNG, reported Egypt Oil & Gas. -
Abou Bakr: $100m in New Investments from IOCs
Monday, 5th October 2015
Ganope Chairman, Abou Bakr Ibrahim, presented during the EPEX Conference for Upper Egypt & Red Sea Resources various petroleum activities in Upper Egypt, covering a wide range, from exploration, down to refining and distribution, reported Egypt Oil & Gas. -
Ibrahim Abou Bakr: Ganope to Issue Bid Round in January
Sunday, 4th October 2015
Chairman of Ganoub El Wadi Petroleum Holding Company (GANOPE), Abou Bakr Ibrahim, announced that the company will issue a new bid round by January 2016, at the latest.
Latest News
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.91 | +0.27% |
Crude Oil (Brent) Brent | USD/bbl | 62.85 | +0.24% |
NYMEX Natural Gas | USD/MMBtu | 2.88 | +1.30% |
OPEC Basket Price | USD/bbl | 64.24 | -0.20% |
Last Modified March 3, 2021