Egypt signs $2.4 mln oil and gas deal with Trident Petroleum
Egypt signed Saturday a new oil agreement with Trident Petroleum to explore oil and natural gas in the Gulf of Suez…
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egyptian general petroleum corporation
Iraq to send 2 million barrels of crude oil on Tuesday: Egypt’s EGPC
Egypt is set to receive Iraq’s first crude oil shipment on Tuesday, amounting to 2 million barrels, as part of a…
Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp
A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
Egypt studies opening negotiations with Israel to drop gas fines
Egypt's government is studying offers to open negotiations with Israel again in an attempt to drop the…
Swiss court orders Egyptian energy companies to compensate Israel
A Swiss court has rejected an appeal by Egyptian energy companies after a French court last year ordered them to…
Rosneft purchases Egyptian crude for first time in tender
The trading arm of Russia's state oil firm Rosneft has bought three cargoes of Egypt's heavy sour Ras Gharib grade,…
Iraq to start supplying Egypt with 1M oil barrels/month in days
Iraq is set to start supplying Egypt with one million barrels of light crude oil per month within the coming few…
Qalaa: ERC’s refinery will save Egypt $1.8 billion annually
The Egyptian Refining Company’s (ERC), anticipated oil refinery project will save Egypt between $1.5 billion and…
Saudi-based Apicorp arranges $100m Islamic financing for Egypt’s EGPC
Saudi Arabia-based Arab Petroleum Investments Corp (APICORP) has arranged a three-year $100 million murabaha…
Egypt signs $595 mln oil, gas agreements with BP, Eni’s unit
Egypt has signed Saturday three agreements for oil and natural gas explorations that are expected to bring in new…