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The company refused to pay for developments to offset the natural decline in production.
12.12.2016 Daily News Egypt
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Business activity in Egypt shrank in November as weakness in the pound currency raised costs and hit output, a survey showed.
06.12.2016 Reuters
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The Ministry of Electricity and Renewable Energy plans to increase the amount of power generated from renewable energy sources from 12% to 22% by 2022
01.12.2016 Oxford Business Group
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Egypt says Saudi Arabia has halted fuel shipments indefinitely, in a sign of lingering tensions following a dispute over the conflict in Syria.
08.11.2016 Fox Business
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Egypt's oil ministry has signed a memorandum of understanding with its Iraqi counterpart to pave the way for Egypt to import oil from Iraq.
02.11.2016 NZ Herald
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The company will also provide a service package that includes spare parts supply and on-site maintenance.
25.10.2016 Daily News Egypt
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Egypt could be importing between 15 million-20 million tons annually within a decade especially with development of Zohr gas field.
15.10.2016 Ahram Online
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Traders told Reuters that Egypt had not received October allocations of petroleum aid from KSA forcing its state oil buyer to rapidly announce tenders
11.10.2016 Ahram Online
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Egypt has been trying to wean itself off costly energy subsidies that eat up a large portion of the state budget.
27.09.2016 Business Recorder
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The government aims to collect up to US$10 billion dollars within three to five years.
20.09.2016 The Business Times
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