Adnoc to start $400 million Oil Product Deliveries to Egypt
State-run Abu Dhabi National Oil Company (Adnoc) will start monthly deliveries of US$400 million of petroleum…
Browsing Tag
EGPC
Egypt to import $3.55 billion worth of LNG in FY2015/16
Egypt is set to import around US$3.55 billion worth of liquefied natural gas (LNG) in the 2015-16 financial year,…
PetroSilah warms up for First Mobile Oil Refinery in Egypt
PetroSilah Petroleum plans to establish the first mobile oil refinery in Egypt, with production capacity of 10.000…
Apache reports Strong Results from Discoveries in Egypt’s Western Desert
U.S. oil and gas producer Apache Corp reported today strong appraisal- and development-drilling results from Egypt…
Public entities debts to EGPC amount to LE 195 bln by end of January: El Molla
Latest figures show public entities owed to the Egyptian General Petroleum Corporation (EGPC) were approximately…
Al Baraka Bank: EGP200mn for Biggest Loan in Egypt Banking Sector
Al Baraka Bank Egypt will pump EGP 200 million in one of the biggest loans in the Egyptian banking sector in favour…
Egypt signs First Gas Fracking Contract with Apache, Shell
Egypt has signed its first contract to extract gas by fracking in a deal with Apache and Shell Egypt that includes…
Diverging Fortunes: Oil Price Decline Has Positive Impact on Egypt
It is difficult to make use of the low price of Brent Crude and import additional quantities of crude or…
British Gas, Petronas, Gaz De France to Invest $700mn in Egypt
Egypt signed on Thursday a new oil and gas exploration agreement with British Gas, Malaysia's Petronas, and Gaz de…
United Bank Injects EGP200mn in Biggest Loan in Egypt’s Banking Sector
United Bank Egypt is investing EGP 200 million in a syndicated loan for the state-owned Egyptian General Petroleum…