Industry & Trade Egypt to receive first Iraqi crude shipment on May 12 Yomna Yasser May 1, 2017 0 Egypt will start receiving the first Iraqi crude oil shipments of 2 million barrels on May 12, the country’s…
Industry & Trade Swiss court orders Egyptian energy companies to compensate Israel Yomna Yasser Apr 29, 2017 0 A Swiss court has rejected an appeal by Egyptian energy companies after a French court last year ordered them to…
Industry & Trade Egypt to pay off half of $3.5bn to oil firms next weeks- minister nada nasser Mar 30, 2017 0 Egypt expects to cut by around half the $3.5 billion within next few weeks in arrears it owes to international oil…
Industry & Trade Rosneft purchases Egyptian crude for first time in tender Yomna Yasser Mar 9, 2017 0 The trading arm of Russia's state oil firm Rosneft has bought three cargoes of Egypt's heavy sour Ras Gharib grade,…
Industry & Trade Egypt nearing crude oil import deal with Iraq Yomna Yasser Feb 15, 2017 0 Egypt is nearing an agreement to import crude oil from Iraq and is looking to other countries to help secure…
Industry & Trade Cairo to finalise oil import deal with Iraq in February: official Yomna Yasser Feb 4, 2017 0 Head of Egypt's state-run oil company EGPC Tarek El-Hadidi said an Egyptian delegation would visit Iraq this…
Industry & Trade Egypt pumps 75mn T of fuel daily to meet market’s needs: EGPC Noha Gad Jan 16, 2017 0 Egyptian oil sector pumps around 75 million tonnes of fuel daily in different governorates to cover needs of the…
Industry & Trade EGPC seeks up to 1.012 million tonnes gasoil for Feb-March Noha Gad Dec 31, 2016 0 Egyptian General Petroleum Corp (EGPC) is seeking up to 1.012 million tonnes of gasoil for delivery in February and…
Banks Afreximbank grants $200 million facility to support Egypt’s electricity sector Yomna Yasser Dec 7, 2016 0 The African Export-Import Bank (Afreximbank) signed Tuesday a $200 million loan facility agreement with the…
Egypt News Saudi-based Apicorp arranges $100m Islamic financing for Egypt’s EGPC Noha Gad Oct 5, 2016 0 Saudi Arabia-based Arab Petroleum Investments Corp (APICORP) has arranged a three-year $100 million murabaha…