While the increased stake in the field offers BP a strong return of around 15 percent and important resources, the risk associated with Egypt remains high.
21.05.2015
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News by
Ahram Online
The government of President Abdel-Fattah El-Sisi has said it will put an end to the outages by adding 6 gigawatts of electricity to the national grid by the end of the calendar year.
17.05.2015
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News by
Ahram Online
Egypt suffers from an energy shortage that has hit production in the manufacturing industry and leads to frequent power blackout.
13.05.2015
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News by
Ahram Online
Egypt is going through a transitional period, which might be a unique opportunity to move toward sustainable development and adopt an inclusive green economy strategy to achieve social equity and protect the environment.
09.05.2015
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News by
Al Monitor
Egypt has struck a number of LNG supply deals, including a March agreement with Russia's Gazprom to import 35 cargoes of LNG.
05.05.2015
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News by
Reuters
One of the most prominent cases against the business tycoon involves exporting natural gas to Israel below market rates, resulting in losses to Egypt.
04.05.2015
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News by
Ahram Online
Access Power MEA is involved in every aspect of energy supply, from development to operation, and holds multiple power assets across the Middle East and Africa.
01.05.2015
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News by
African Business Review
Beach Energy Ltd. is making progress in efforts to sell its oil and gas holdings in Egypt and seeking to sign a deal in the coming months as the Australian explorer hunts for acquisitions at home.
29.04.2015
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News by
Bloomberg Business
Earlier this month, the government signed a $400 million loan with the Bank for a pension welfare project which currently benefits 1.5 million poor Egyptian families.
24.04.2015
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News by
Ahram Online
The investment is part of a wider plan by the petroleum ministry to raise the domestic production of refined oil following an energy crunch that has lasted more than four years.
10.04.2015
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News by
Ahram Online
