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…
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egyptian general petroleum corporation
Egypt’s Khalda Eyes Gas Production Rates of 940m SCF by Year-end
Khalda Petroleum Company (KPC) is planning to boost its production rates to 940 million cubic feet of natural gas…
Kuwait Energy Announces Discovery at Egypt’s Abu Sennan
Kuwait Energy and their main partner, the Egyptian General Petroleum Corporation (EGPC), announce Wednesday that…
NBE Opens US$240mn Letters of Credit to Ship 2 million Barrels of Oil from Kuwait
National Bank of Egypt (NBE) has approved to open letters of credit worth US$240 million in favor of Egyptian…
France’s Total Wins Egypt Gas Exploration Licence -Source
French oil company Total has been awarded a licence to explore for natural gas in the Nile Delta, a source in the…
Saudi Arabia Sent US$3bln Fuel Aids to Egypt in 5 Months
An official source in Egyptian General Petroleum Corporation (EGPC) told on Thursday that Egypt obtained US$3…
Egyptian Petroleum Sector Hits EGP30 billion Profits in 1 Year
The Business results of Egypt's petroleum public sector, Holding companies and Egyptian General Petroleum…
Egypt’s EGPC to Buy 65% Oil Imports from UAE’s ADNOC
Egyptian General Petroleum Corporation (EGPC) will buy 65 percent of its oil product imports from the United Arab…
Sisi’s Government Clings to Debt to Pull Egypt’s Oil & Gas from The Brink
The Egyptian General Petroleum Corporation (EGPC), the country’s state-owned oil company, is in the market for a…
Arab Contractors Implements New Road Projects worth EGP2bn in Egypt
Egypt's leading construction firm, Arab Contractors Company (AC) has awarded the implementation of 400 km length of…