Egypt signs update to Head of Agreement with Eni after New Gas Discovery
Egypt and Eni on Friday signed an update to the head of agreement reached in March, following the recent discovery…
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Egypt raises Gas Price paid to Italy’s Eni and Edison -EGAS Official
Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an official…
Egypt’s Debts to Foreign Oil Companies rise by 6.1%
Egypt debts to foreign oil companies recorded US$ 3.5 billion at the end of June making 6.1% increase from March,…
Noble Group to supply Egypt with LNG cargo
Commodities trader Noble Group will supply a single liquefied natural gas (LNG) cargo to Egypt in late June after…
Arish gas line explodes for 30th time
For the thirtieth time, Arish natural gas pipeline was bombed Sunday by unknown assailants, leaving more than…
Alfa, Harbour Energy to buy Pacific Rubiales for $5 billion: source
Mexican conglomerate Alfa Sab de CV (ALFAA.MX) and Harbour Energy Ltd have agreed to acquire Canadian oil and gas…
Egypt to generate 35.000MW to face Summer Power Outage
Egypt's Ministry of Electricity and Renewable Energy is currently planning to generate 35.000 megawatts in summer…
Russia gas deal would not solve Greece’s problems
German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to…
Gas expected to hit Lowest Summer Prices in a Decade
Pack up the car and hit the road this summer — gas prices are set to dip to $2.35 a gallon from Memorial Day…
Oil, gas, mining sector grasps $23.5 bln agreements at Summit
Several agreements were signed in oil, gas and mining sectors were signed at the recent Economic Summit, under the…