Banks Two banking consortia offer $325 million for Egypt’s Assiut refinery Yomna Yasser Mar 5, 2016 0 The state-run Egyptian General Petroleum Corporation (EGPC) has received two banking offers to secure around $325…
Industry & Trade Italy’s Eni expects up to 51,000 barrels a day in Egypt new find Yomna Yasser Feb 27, 2016 0 Italian oil major Eni announced Friday it successfully drilled the Nidoco North 1X well, in the exploration…
Financial Institutions Egypt seizes lion’s share of Int’l Islamic Trade Finance Corp’s finances Yomna Yasser Dec 16, 2015 0 Egypt captures the lion’s share of the International Islamic Trade Finance Corporation’s funding programmes,…
Egypt News Oil price drop spurs Egypt fuel subsidy phase-out once more Yomna Yasser Dec 13, 2015 0 The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…
Banks Egyptian oil firm EGPC denies talks to delay dollar payments to banks Yomna Yasser Dec 9, 2015 0 Egyptian General Petroleum Corp (EGPC) denied Tuesday any negotiations with banks to delay dollar payments owed to…
Banks Egypt’s General Petroleum Corp in talks to delay dollar payments owed to banks Yomna Yasser Dec 8, 2015 0 State-run Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank in…
Industry & Trade Egypt signs two new oil and gas exploration deals Yomna Yasser Dec 7, 2015 0 Egypt has signed Monday two oil and gas exploration contracts worth multi million dollars with foreign and Egyptian…
Egypt News Egypt to appeal $1.76 billion fine to Israel, freezes gas import talks Yomna Yasser Dec 6, 2015 0 Egypt is to appeal a ruling by the International Chamber of Commerce to compensate Israel Electric Corporation…
Industry & Trade Eni, Egypt’s Petroleum Corp set price for gas from Zohr field Yomna Yasser Nov 24, 2015 0 The price of gas from the massive Egyptian offshore field Zohr will be ranging from a minimum of $4 to a maximum of…
Industry & Trade Italy’s Edison to complete seismic survey of area around Egypt’s Zohr field next… Yomna Yasser Nov 24, 2015 0 Italian energy group Edison will complete its seismic survey of the area surrounding Egypt's Zohr gas field next…