Oil & Gas News
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Shell Lubricants to reach competitive market share in Egypt by year’s end
MD Saher Hashem talks about the company’s plans to make itself a market leader in the lubricants sector.
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Egypt looks to secure LNG production and supply
Egypt has lined up LNG shipments from Algeria’s Sonatrach, Russia’s Gazprom, and France’s EDF.
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FuooTech Brand Series LOP Vacuum Lubricating Oil Purifier
Series LOP vacuum lubricating oil purifier is used to purify and recover various industrial lubricating oils such as hydraulic oil, refrigeration oil
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Madison PetroGas Ltd. updates operations in Egypt
One high risk exploration well and three Meseda development wells have been drilled to date.
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Dana Gas to recover overdue Egypt payments by 2018
The new arrangement in Egypt will result in increased production from Dana’s operations there.
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Egypt to pay energy companies via bond sale, Dimian says
Dimian said the government will pay for part of the arrears with savings from a recent reduction in fuel subsidies.
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Explosion in gas pipeline in Egypt; no casualties
The explosion is 25th in the last three years in a series of blasts that have hit pipelines in Sinai.
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Mashreq to build first refueling station on Suez Canal Axis
With an investment of $500 million, the station is expected to be finished within three years.
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Dana Gas says to recover overdue Egypt payments by 2018
The company is putting in place a new arrangement with the government that will permit it to invest in new Egyptian wells.
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Egypt ceases supplying gas to Jordan indefinitely: EGAS
The official noted that the contracted amounts of gas exports to Jordan are 255m cubic metres of gas daily.
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Egypt seeking a $1.5 bln loan to repay oil debts -Oil Minister
Egypt wants "a loan from local and international banks for at least $1.5 billion of debt to foreign companies operating in Egypt."
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TAQA Arabia expands energy supply to Egypt's underserved market
“TAQA Oil Marketing looks forward to rolling out our new expansion plan in Egypt’s underserved markets,” said TAQA Arabia CEO, Pakinam Kafafi.
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Egypt to buy 102,000 tons of diesel fuel in September
The General Authority for Supply Commodities plans to purchase 102,000 tons of diesel fuel to be delivered in September.
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BG Group profits rise but Egypt woes weigh
In the absence of concerted action from the Egyptian government, the future commercial operation of Egyptian LNG remains at risk.
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Egypt moves on energy reform from the ground up
The new program is part of a wide ranging effort to finally address the country’s energy crisis.
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WB: U.S. $500 mln loan to connect 1.5 mln Households to Natural Gas
The Project supports the Egyptian government's program to replace household consumption of Liquefied Petroleum Gas with grid-connected natural gas.
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Egypt seeks to clinch LNG deal with Algeria, but will pay high price
The deal is intended to alleviate Egypt's energy crisis after talks for it to import more gas from Qatar broke down.
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Egyptian oil company added to EU trade sanctions list
Maadi-based oil trader Tri Oceans Trading has been added to a list of companies sanctioned by the European Union.
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Egypt proposes $540 million worth of petrochemical plants to the UAE
The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tons of molasses annually.
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Egypt to pay off $6 billion in arrears to foreign oil firms by 2017
Payment comes as government finalises investment deals to address an ongoing energy crisis.