Qalaa: Egypt’s $3.7bn largest refinery project is in ‘final stage’
The Egyptian Refining Company (ERC), a subsidiary of one of Egypt's largest investment companies Qalaa Holdings, is…
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EGPC
BG Egypt halts some development wells over gas price disagreement
BG Egypt has suspended work at some development projects in Egypt after the company could not reach agreement over…
Two banking consortia offer $325 million for Egypt’s Assiut refinery
The state-run Egyptian General Petroleum Corporation (EGPC) has received two banking offers to secure around $325…
Italy’s Eni expects up to 51,000 barrels a day in Egypt new find
Italian oil major Eni announced Friday it successfully drilled the Nidoco North 1X well, in the exploration…
Egypt seizes lion’s share of Int’l Islamic Trade Finance Corp’s finances
Egypt captures the lion’s share of the International Islamic Trade Finance Corporation’s funding programmes,…
Oil price drop spurs Egypt fuel subsidy phase-out once more
The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…
Egyptian oil firm EGPC denies talks to delay dollar payments to banks
Egyptian General Petroleum Corp (EGPC) denied Tuesday any negotiations with banks to delay dollar payments owed to…
Egypt’s General Petroleum Corp in talks to delay dollar payments owed to banks
State-run Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank in…
Egypt signs two new oil and gas exploration deals
Egypt has signed Monday two oil and gas exploration contracts worth multi million dollars with foreign and Egyptian…
Egypt to appeal $1.76 billion fine to Israel, freezes gas import talks
Egypt is to appeal a ruling by the International Chamber of Commerce to compensate Israel Electric Corporation…
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