World European stocks close lower; December non-farm figures disappoint nada nasser Jan 7, 2017 0 European stocks closed lower on the last trading day of the first week of 2017 after the release of the December…
Industry & Trade Italy’s Edison to explore gas and oil in Egypt with $86mln Noha Gad Jan 5, 2017 0 Egyptian Natural Gas Holding Company (EGAS) signed a new oil agreement with Italy's Edison to explore and produce…
Industry & Trade Monthly consumption of oil, gas rises to 6.7m T/mon: Egypt’s El-Molla Noha Gad Dec 28, 2016 0 Egypt's monthly consumption of petroleum products and natural gas increased to 6.7 million tonnes, 30 percent of…
Industry & Trade Egypt signs 3 oil, gas exploration deals worth $220mn Noha Gad Dec 28, 2016 0 Egyptian Petroleum Ministry signed three new agreements for exploring gas and oil in the Mediterranean Sea on…
Industry & Trade Egypt signed 8 deals to find energy reserves in FY2015-16 Noha Gad Dec 26, 2016 0 Egypt's petroleum ministry said it signed in 2015/16 eight agreements with six international and local companies to…
International News Obama bans oil drilling ‘permanently’ in millions of acres of ocean nada nasser Dec 21, 2016 0 Outgoing US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of…
Industry & Trade Eni agrees to export part of Shorouk concession Noha Gad Dec 18, 2016 0 The Italian gas company Eni has agreed with the Egyptian government to export part of the gas produced from Zohr…
Industry & Trade France’s Engie E&P eyes more investments in Egypt’s oil sector Noha Gad Dec 14, 2016 0 Egyptian Oil Minister Tarek El-Molla met Wednesday with the CEO of France's Engie E&P International, Maria…
Industry & Trade Eni sells 30% stake in Egypt’s Zohr gas field to Rosneft Noha Gad Dec 12, 2016 0 Italian oil and gas group Eni (ENI.MI) agreed to sell a 30 percent stake in Egypt's offshore Shorouk concession to…
Industry & Trade Eni eyes cutting stake in Egypt’s Zohr giant gas field to 50% Noha Gad Nov 29, 2016 0 Italian oil and gas company Eni is in talks with various parties to cut its stake in the giant Zohr gas field…