Oil & Gas News

The shipment is the first of the government’s planned imports of Mazut to meet the increasing demand for electricity.
03.08.2023 | News by Egypt Independent

Dragon Oil will start production within two months from the North Safa field in the Gulf of Suez, with a capacity of 15,000 barrels of oil per day.
02.08.2023 | News by Zawya

The Western alliance of the US and Europe fights dependence on Russian gas through its alliances with Cairo.
31.07.2023 | News by altayar

Egypt has signed three new agreements worth $319.5 million to dig 13 wells.
30.07.2023 | News by Ahram Online

The National Service Projects Organization (NSPO) has acquired a 20 percent share of TAQA Arabia at LE 1.6 billion.
27.07.2023 | News by Egypt Independent

Current investments into the giant offshore natural gas field are estimated at $12 billion so far.
26.07.2023 | News by Zawya

Egypt is targeting a resumption of liquefied natural gas exports by October at the start of autumn, petroleum minister Tarek El Molla told reporters.
23.07.2023 | News by natural gas world

A crucial development has been the announcement of new oil and gas fields discoveries by western companies.
23.07.2023 | News by economies

The average realized oil price per barrel from Egypt for the first half was approximately $78, compared with $105 in the first half of 2022.
23.07.2023 | News by rigzone

Managing Director of EHKO, Sherif El Zayat, stated that the production capacity of the new factory is approximately 165,00 tons yearly.
17.07.2023 | News by Egypt Today

The two sides discussed ways to increase cooperation between the NPIC and the Egyptian petroleum sector.
16.07.2023 | News by hellenic shipping

Minister of Petroleum Tarek al-Molla witnessed the delivery of the first oil rig manufactured at the Egyptian-Chinese Drilling Company in Ain Sokhna.
13.07.2023 | News by Egypt independent

TAQA Arabia’s stock surged by a whopping 3,900 percent to close at a value of EGP 20 per share, up from EGP 0.5, ending a two-day havoc.
11.07.2023 | News by Ahram Online

The meeting examined the current efforts between the two countries within international initiatives.
11.07.2023 | News by Egypt Today

Shell's Egypt unit, BG Delta Limited, and its partners signed an agreement with two Egyptian state-owned energy companies and Malaysia's Petronas.
09.07.2023 | News by Ahram Online

Subject to regulatory approvals, drilling activities are expected to commence in late 2023 when the rig arrives at the location.
09.07.2023 | News by oil and gas middle east

Over the past five years Egypt has successfully dug 576 new exploratory natural gas wells and made 289 gas and petroleum discoveries.
Papers by Egypt Business Directory

The programme is in cooperation with Eni (ENI.MI), Chevron (CVX.N), ExxonMobil (XOM.N), Shell (SHEL.L) and BP (BP.L).
05.07.2023 | News by Reuters

This falls in line with the ministry’s bid to develop and propel the performance of the petroleum refining industry in the North African country.  
04.07.2023 | News by Arab News

The project currently supplies gas to Israel, Egypt and Jordan, and there are plans to sell gas to Europe as well.
04.07.2023 | News by Egypt Today