Oil & Gas News
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Egypt to finalise $10 billion deal with BP
Gas fields in Alexandria governorate hold an estimated 5 trillion cubic feet of gas and produce 1.2 million cubic feet per day.
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Egypt reaches first deal to revise gas prices with foreign energy firm
State-run gas company EGAS had reached an agreement in principle with RWE DEA to modify its current Delta concession contract.
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Egypt's natural gas exports fell 81% Y-o-Y in April: Report
Natural gas production also down by 14 percent from same period last year, as government looks to improved year in fiscal year starting in July.
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Egypt's main commercial oil product users sign up to smart card system
The government hopes the programme will allow authorities to analyse fuel consumption data before enacting reforms to the wasteful subsidy system.
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Egyptian non-petroleum exports rise for first time in 2014: Industry ministry
Egyptian exports grow by 3% in May after continuous monthly decline since the beginning of 2014.
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Three banks to arrange Assiut Oil Refining Co's USD161m loan
Three leading banks in Egypt will be arranging a syndicated loan worth $161 million for Assiut Oil Refining Company (ASORC).
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Egypt sees lower consumption of octane 95 in 2013/14
First nine months of the 2013/14 fiscal year see a drop in octane 95 petrol consumption.
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Egypt's energy crunch is next big test for Sisi
Key to the solution is obtaining sufficient fuel supplies for Egypt’s power plants.
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Egypt opens tender to import fuel in July-Sept 2014 -official
Egypt's government wants to avoid major power blackouts during the months of increased consumption in the summer.
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Morsi's 5 reasons for Egypt's petroleum shortage
The president’s office listed five reasons causing the fuel shortage Egypt is witnessing today.
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Student dies in gas station queue dispute
As fuel shortage hits a high shortly before planned protests on June 30, gas stations are packed with angry Egyptians.
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Qatar to supply Egypt with 5 shipments of LNG - as a "gift"
Qatar will offer a grant to Egypt in form of five natural gas shipments from July to September, according to CNN Arabic.
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Finding solutions for Egypt's energy problems
Major think-tank Global Trade Matters is hosting the Egypt Energy and Economy Conference (EEEC) 2013, to discuss Egypt’s energy-problems.
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When Diesel Fuel is just not enough
Diesel fuel, the main source of our electricity has been vanishing from sight and increasing in price – where’s the alternative?
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Egypt invites firms to express interest in wind power study
Egypt’s government has received a grant from the African Development Bank to finance the project to integrate wind power into Egypt’s power plans.
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Egyptian Refining Company renovates school
ERC renovated the Ahmed Orabi School, as it upgraded school grounds, buildings, bathrooms, stairs and classrooms and replaced desks.
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Shell introduces new exploration technology to Egypt
Shell extracted large volumes of natural gas from the Apollonia Reservoirs in the Western Desert of Egypt, using foam.
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ExxonMobil celebrates MECA Academy students of Ain Shams University
MECA is a program that primarily aims to bridge the gap between academic studies and practical work life.
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ExxonMobil Egypt sponsors MECA's annual ceremony
Ain Shams University's MECA Academy 2.0 is supported by ExxonMobil Egypt, in an educational and financial manner.
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ExxonMobil Egypt launches Mobil SHC 600 Series & Mobil SHC Gear
ExxonMobil believes that choosing the correct lubricant can help maximize productivity and reduce machine downtime.