Oil & Gas News

He also highlighted the new incentive package recently introduced by the petroleum sector, aimed at increasing oil and natural gas production.
06.10.2024 | News by Egypt Oil and Gas

Market focus has shifted from tourism, Suez Canal revenues to declining FX proceeds from LNG exports.
02.10.2024 | News by fx street

The bidding process aligns with the ministry's strategy to attract fresh investments to Egypt, emphasizing the exploitation of promising opportunities
30.09.2024 | News by Egypt Today

Three officials told Asharq that Egypt's efforts to pay arrears to foreign oil companies come at a time when it is trying to increase natural gas.
26.09.2024 | News by Agenzia Nova

The company also extracted 2,200 million cubic feet of associated gas, fortifying the proven reserves to 185 million barrels of crude oil.
25.09.2024 | News by Egypt Today

In terms of production, the assembly revealed that 19 new gas wells have been added to the production map, with an investment of $613 million.
24.09.2024 | News by Egypt Today

Despite aiming to become an energy 'hub' in the wake of discovering its vast gas reserves, Egypt has become increasingly dependent on gas imports.
24.09.2024 | News by new arab

The Ministry of Petroleum and Mineral Resources has raised the prices of butane gas cylinders for domestic and commercial uses to EGP 150 and EGP 200.
19.09.2024 | News by Ahram Online

The procurement deal involves a unique six-month deferred payment structure.
18.09.2024 | News by Egypt Today

The two sides discussed the ways to cement oil-linked cooperation between Cairo and Washington.
16.09.2024 | News by SIS

Bayraktar highlighted the improved relations between Türkiye and Egypt, noting the recent energy agreements between the two nations. 
15.09.2024 | News by hurriyetdailynews

The most populous Arab country has returned to being a net importer of natural gas this year, buying more than 50 cargoes so far this year.
15.09.2024 | News by Reuters

Both sides also tackled means to boost joint cooperation in the domains of petroleum and gas.
11.09.2024 | News by Egypt Today

Badawi welcomed the expansion of Emirati investments in Egypt’s petroleum and mining sectors.
09.09.2024 | News by Asharq Al-Awsat

Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage.
09.09.2024 | News by Asharq Al-Awsat

Italian energy giant Eni has confirmed it will begin operating three drilling rigs in Egypt starting next week to rump up oil production.
09.09.2024 | News by Ahram Online

This is part of the Egyptian government's strategy to maximize the benefit from the country's natural resources.
08.09.2024 | News by Egypt Today

Egypt is on a strategic mission to ramp up its natural gas production, driven by partnerships with global energy giants BP and Eni.
Papers by Egypt Business Directory

This move, confirmed by a government source speaking to Asharq Bloomberg, follows BP's hefty investment of over $400 million in drilling two wells.
04.09.2024 | News by Egypt Today

Italian energy giant Eni has confirmed it will begin operating three drilling rigs in Egypt starting next week.
04.09.2024 | News by Ahram Online