Oil & Gas News

Egypt began accumulating arrears to companies and contractors during a long-running foreign currency shortage.
27.03.2024 | News by Reuters

Zainal stressed the importance of working on fostering cooperation in new activities that reinforce integration between the two countries.
26.03.2024 | News by Zawya

The petroleum products marketing market in Egypt has many advantages with promising opportunities, growth, and development.
26.03.2024 | News by SIS

Even during the current demand off-season, Egypt is close to slipping into a gas deficit despite continued imports of around 1bn cfd from Israel.
24.03.2024 | News by Mees

Agiba is aiming for a daily production rate of approximately 30,000 barrels of crude oil and 119 million cubic feet of natural gas during FY24/25. 
24.03.2024 | News by Egypt Today

In a move to address mounting economic pressures, Egypt has announced a hike in fuel prices by LE 1 across all gasoline types.
Papers by Egypt Business Directory

The establishment of the new company is part of the petroleum ministry’s strategy and Modern Gas’ plan to expand abroad.
20.03.2024 | News by economy middle east

El-Said highlighted that Egypt Vision 2030 identifies the petroleum sector as one of seven key areas driving economic growth.
20.03.2024 | News by Daily News Egypt

The index encountered a technical glitch earlier in the day displaying inflated gains, before the issue got fixed towards the end of the trading.
19.03.2024 | News by Reuters

“Modern Gas Saudi Arabia” with an initial capital of 2m Saudi riyals, with a contribution of 80% of the capital structure of the Egyptian company.
18.03.2024 | News by See news

Egypt plans to increase industrial production by 20 percent, enhance the green economy's contribution to the gross domestic product to minimum 5%.
18.03.2024 | News by Egypt Today

Eni’s highly-anticipated Orion wildcat off Egypt’s Sinai has turned up dry. Hopes of a major 2024 find now rest on Shell’s ongoing Khufu.
17.03.2024 | News by Mees

Chevron, an American energy giant, is set to bolster Egypt's natural gas production with a significant investment of $60 million in the Mediterranean.
Papers by Egypt Business Directory

Fuel prices in Egypt may witness an increase of about 10 percent – equivalent to one pound in gasoline prices.
14.03.2024 | News by Egypt Independent

TAG Oil embarks on Egypt's largest fracking operation in the Badr Oil Field, signaling a strategic shift in the global oil landscape with over 500m.
06.03.2024 | News by bnnbreaking

The Canadian oil and gas company is currently trading at about CA$0.48 per share. The return to target from this price is 129%.
03.03.2024 | News by Street wise reports

The joint venture, expected to be formed in the second half of this year, will be 51% owned by BP and 49% by ADNOC, the companies said at the time.
29.02.2024 | News by Zawya

Discover how Petronas Lubricants International is working with EV For Petroleum Services Company to expand its presence in the Egyptian market.
28.02.2024 | News by bnnbreaking

The company said it has also delivered the first batch of Romanian-manufactured equipment for the Egyptian government's Hayah Karima project.
27.02.2024 | News by See news

This fuel is derived from a variety of ingredients ranging from waste oils and fats to sugar crops and some trees and grasses.
25.02.2024 | News by Egypt Independent