Ten Banks announce New Term for Egypt Energy’s Multibillion Pound Loan
A consortium of ten banks is offering a multibillion Egyptian pounds of financing to the state-run Egyptian…
Browsing Tag
egyptian general petroleum corporation
Eni reports Record Oil Production in Egypt
Italian oil major Eni announced Monday that its oil production in Egypt’s Western Desert has reached a record…
Adnoc to start $400 million Oil Product Deliveries to Egypt
State-run Abu Dhabi National Oil Company (Adnoc) will start monthly deliveries of US$400 million of petroleum…
Egypt to import $3.55 billion worth of LNG in FY2015/16
Egypt is set to import around US$3.55 billion worth of liquefied natural gas (LNG) in the 2015-16 financial year,…
PetroSilah warms up for First Mobile Oil Refinery in Egypt
PetroSilah Petroleum plans to establish the first mobile oil refinery in Egypt, with production capacity of 10.000…
Apache reports Strong Results from Discoveries in Egypt’s Western Desert
U.S. oil and gas producer Apache Corp reported today strong appraisal- and development-drilling results from Egypt…
Al Baraka Bank: EGP200mn for Biggest Loan in Egypt Banking Sector
Al Baraka Bank Egypt will pump EGP 200 million in one of the biggest loans in the Egyptian banking sector in favour…
Diverging Fortunes: Oil Price Decline Has Positive Impact on Egypt
It is difficult to make use of the low price of Brent Crude and import additional quantities of crude or…
British Gas, Petronas, Gaz De France to Invest $700mn in Egypt
Egypt signed on Thursday a new oil and gas exploration agreement with British Gas, Malaysia's Petronas, and Gaz de…
United Bank Injects EGP200mn in Biggest Loan in Egypt’s Banking Sector
United Bank Egypt is investing EGP 200 million in a syndicated loan for the state-owned Egyptian General Petroleum…