Shell announces new gas find in Egypt with 500bn cubic ft reserves
Royal Dutch Shell announced Wednesday a new natural gas discovery in Egypt’s Western Desert. The company said in a…
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egyptian general petroleum corporation
Misr Insurance insures Eni’s supergiant gas find Zohr – Phase I for $4.8 bln
Egypt’s Misr Insurance is providing insurance coverage for Italian Eni’s first phase of its giant offshore Zohr gas…
Egypt-Aramco deal not determined value of Saudi oil exports
The oil deal signed by the state-run Egyptian General Petroleum Corporation(EGPC) and Saudi-based Aramco has not…
Shell ups investments 13% despite falling oil prices: Egyptian official
Oil giant Shell has boosted its investments in Egypt by 13 percent approximately despite the continued declines in…
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…
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…
New expansions to meet Egypt’s needs of petroleum products – EGPC
Egyptian General Petroleum Corporation (EGPC) is drawing up an expansion plan to meet state's needs of petroleum…
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…