Oil & Gas News
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Egypt to promote $10 bn worth of petroleum projects at March conference: Ministry
The government hopes to attract massive investments in oil, LPG lines and petro-chemicals to jolt a faltering economy.
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Egypt: Oil, gas debt to be settled late
Egypt aimed to fully repay its $3.1 billion (R36.2bn) debt to foreign oil and gas companies by the middle of next year.
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$6bn foreign company investments in FY 2015/2016: El Molla
Total foreign investment, which is being pumped this year, is estimated at $7.5bn.
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Egypt: New dept to regulate natural gas market
The new authority will protect consumers and prevent monopolies.
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Egypt to auction 8 oil and gas blocks in Mediterranean: ministry
The auction is expected to be launched before the end of February.
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Italian oil firm “Eni” intends to bolster investments in Egypt
The company believes in the promising opportunities in the Egyptian economy.
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UAE firm to develop efficiency of 7 thermal stations in Egypt
Electricity ministry says that Egypt can save $62m annually through improving quality of consumed fuel.
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Egypt holds Oil and Gas Summit
The summit tackles development of the oil and gas industry and undiscovered resources in Egypt.
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Noble Energy to supply Egypt with 7 LNG cargoes for two yrs from April- statement
Egypt has signed several energy deals in attempts to deal with energy crisis.
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Cyprus and Egypt just tightened their energy cooperation
Egypt is looking to import Cypriot gas both for domestic use and for possible re-export to other countries.
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Egypt 'doesn't mind' Israeli gas
Officials are talking with the American Noble Energy Company, operator of Israel 's gas fields, in a bid to address the country 's energy crisis.
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Naftogaz ups oil production in Egypt by 11.5% in 2014
The Ukrainian company is planning to produce 7,000 oil barrels and 700,000 cubic meters of gas daily in 2015.
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Egypt to announce 12 petroleum projects
Projects will announce the projects during the economic summit next month.
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Egypt's energy reforms spark rush of oil and gas deals
The last few months have witnessed unprecedented activity to solve the energy crisis in Egypt.
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Egypt working on oil and gas exploration deals worth $9.2 bln
Egypt signed more than 50 exploration deals in a year to ease the energy crisis.
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Dana Gas building momentum in Egypt
positive momentum building behind its exploration and production operations in Egypt.
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Noble Energy team in Egypt for talks on importing Israeli gas - sources
Talks concerned the technical procedures for bringing natural gas from Israeli fields into Egypt.
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Agreement signed converting 2,000 cars to run on natural gas
210,000 cars running on natural gas, 180 supply stations and 74 conversion centers created between 2012 and 2014.
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Trading houses dominate in Egypt's $2.2 bln LNG tender
Egypt has emerged as a major new market for LNG as the government looks to ease the worst energy crunch in decades.
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Egypt plans oil production development to boost economy
Egypt giving more attention to Oil production especially with the crisis in gulf countries