Energy News
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Egypt debt to foreign oil companies at $3.5 billion
Egypt's oil ministry said in March that it aimed to fully repay its debts to energy companies mid 2016 about a year later than previously indicated.
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IFC provides Egypt's PICO subsidiary with $50 mn loan
The loan is part of a $200 million financing package provided by the European Bank for Reconstruction and Development and HSBC, along with the IFC.
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Africa Oil and Gas Industry Research Guide 2015 Key trends, Drivers, Challenges and Restraints
Africa Oil and Gas Industry Research Guide and Outlook is a comprehensive report on Africa oil and gas industries.It analyzes 30 countries across.
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Egypt's power supply gets an encouraging boost
A $9bn deal in Egypt will give a substantial boost to the country's electricity generation capacity helping the government address power shortage.
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Mehleb inaugurates AOI’s PV solar panels production line
The organisation is currently preparing for the establishment of a 50 MW solar plant in Beni Suef.
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Further fuel price hikes needed: Analysts
In the draft budget, fuel product subsidies are cut by LE9 billion to LE61 billion.
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Egypt's EGAS to conduct Mediterranean's largest seismic exploration project
Seismic explorers search for oil and gas deposits under the sea by bouncing sound waves off rock from cables towed across the water.
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Oil and Chemicals Storage Industry Outlook in Middle East to 2019 - Capacity and Capital Expenditure Forecasts with Deta
Oil and Chemicals Storage Industry Outlook in Middle East to 2019 Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned
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Oil and Gas Market and Upstream Analysis Report Ghana Sankofa Project Panorama - Global Industry Size, Share, Trends an
Ghana Sankofa Project Panorama, GlobalDatas latest release, presents a comprehensive overview of the asset
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Oil and Gas Market and Upstream Analysis Report Mozambique Rovuma Area 1 Complex Project Panorama - Global Industry Siz
Norway Fram Project Panorama, GlobalDatas latest release, presents a comprehensive overview of the asset
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Oil and Gas Market and Upstream Analysis Report Norway Grane Project Panorama - Global Industry Size, Share, Trends and
Norway Grane Project Panorama, GlobalDatas latest release, presents a comprehensive overview of the asset. This upstream report includes detailed qual
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Oil and Gas Market and Upstream Analysis Report Norway Oseberg Sor Project Panorama - Global Industry Size, Share, Tren
Solar PV Power in France, Market Outlook to 2025, Update 2015 Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations
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Egypt agrees deal with BP for LNG supply
Egypt has emerged as a major new market for LNG just as demand in the world's biggest consuming region Asia weakens.
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ERC, KarmSolar sign contact to construct $2.5m solar station
KarmSolar company will rent ERC’s 50,000 sqm land while ERC receives 2% of the project’s profits.
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Egypt earmarks $8 billion for fuel subsidies
The cabinet on Thursday approved a draft of the budget for the next fiscal year but didn't announce the amount allocated to fuel products subsidies.
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Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla
Expected decline in fuel consumption is 5% during new fiscal year, says EGPC executive chairman.
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Noble Group to supply Egypt with LNG cargo June 18
Noble Group won a closed tender launched two weeks ago.
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Egypt considers postponing fuel subsidy smart card system
The president directed the government to study postponing this system until all the sectors that don't have these cards are covered.
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Australian LNG arrives in Egypt
Israel, Kuwait and Dubai were the only importers in the region until this year.
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Dana Gas commences drilling gas well in Egypt
Firm can sell government's share of condensate at market rates.