Dana Gas Boosts 2012 Profit 20% On Partial Egypt, Iraq Payments
Dana Gas PJSC (DANA), the oil and natural gas producer forced to restructure its debt last year, boosted full-year…
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Natural gas
NBE Offers EGP 100 Mln To 50 Brick Factories In Behira
The National Bank of Egypt (NBE) has approved to offer EGP 100 million finance to 50 brick factories in Behira…
Egypt Plans To Increase Use Of Natural Gas As Transport Fuel
Egypt plans to expand the use of natural gas as a transport fuel to reduce its reliance on imports, according to…
Heikal: Citadel, Qinvest JV To Supply 10 % Of Egypt’s Gas
Qatar is positioning itself to sell liquefied natural gas to Egypt as it uses its financial firepower to cement its…
Dana Gas Offers Bondholders Sweetened Debt Deal
Dana Gas, in talks to restructure a $920 million Islamic bond, is offering bondholders cash and an average 8…
Citadel Bids For EGP 2.5 Bln Gas Supply Project
Ahmed Heikal, Chairman and Founder of leading private equity firm Citadel Capital (CCAP.CA), announced submitting a…
Banque Du Caire Offers Taqa Arabia EGP 25 Mln Credit Facilities
Banque Du Caire has approved to provide credit facilities of EGP 25 million to a subsidiary of Taqa Arabia Gas…
Shoaib: Natural Gas To Be Delivered To 750.000 Units In 2012
Eng. Mohamed Shoaib, Head of Egyptian Natural Gas Holding Company (EGAS(, asserted that the process of delivering…
BP To Invest $11bn In Egypt Gas Project
BP will invest $11bn in a project to produce natural gas from a deep-water deposit in Egypt’s Mediterranean basin,…
Oil Heads for Second Monthly Gain Before Fed Chairman’s Speech
Oil headed for a second monthly increase, its biggest since February, as investors awaited a speech by Federal…