Oil & Gas News
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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
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Egypt signs gas exploration deal with France's Total
Egypt's state-owned gas company, EGAS, signed the deal with Total for $20m
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Egypt and Russia to finalise Gazprom LNG deal
The North African country agreed in principle last April for Gazprom to supply seven LNG shipments to help it meet gas supplies.
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Egypt to finalise Gazprom LNG deal this month: Oil Minister
Egypt agreed in principle last April for Gazprom to supply seven LNG shipments to help it meet gas supplies.
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Eni inks Western Desert acreage agreement onshore Egypt
Eni has been present in Egypt since 1954 and is the main producer of oil in the country.
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Egypt signs six new oil and gas exploration deals
Among the major companies selected are Shell, ENI , BP and Canada's TransGlobe Energy.
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Circle gets $15m payment from Egypt
Circle says this has resulted in a significant reduction in the outstanding debt owed to the Company.
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FuooTech brand Series FOT Fully Automatic Transformer Oil BDV (Dielectric Strength) Tester
FuooTech Series FOT Fully Automatic Transformer Oil BDV Tester is applied to test the insulating oil's dielectric strength (break-down voltage value).
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Egypt pays $60 mn in arrears to Dana Gas
Egypt recently paid $2.1 billion of delayed arrears to foreign oil firms, the Minister of Petroleum, Sherif Ismail, said last week.
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BG Group receives $350 mln payment from Egypt
Egypt has delayed payments to oil and gas firms as its economy has been hammered by almost four years of instability.
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Egypt pays $2.1bln to foreign energy firms, still owes $3.1 bln
The payment was the third batch to energy firms in the past year, though the government still owes $3.1 billion.
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Can Shale survive in Egypt?
Alongside Apache and Shell Egypt, Cairo will pursue the country’s first shale extraction project.