China Development Bank keen to finance petroleum projects in Egypt
The China Development Bank (CDB) is keen to finance petroleum and gas projects in Egypt, a delegation from the bank…
Browsing Tag
petroleum
US oil prices drop on rising shale petroleum forecasts
U.S. oil prices eased in Asian trade on Tuesday after the International Energy Agency (IEA) forecast U.S. shale…
Egypt to set schedule for repaying oil firms soon: minister
Egyptian Petroleum Minister Tarek el-Molla expects to put in place a schedule to repay arrears to international oil…
Egypt signs oil and gas exploration deals worth $30M
Egypt’s Petroleum Minister Tarek al-Molla signed two agreements for oil and gas exploration in the Western Desert…
Oil Ministry implements 11 development projects with $17bn-investments
The Ministry of Petroleum plans to implement 11 projects to develop gas fields in cooperation with foreign…
Monthly consumption of oil, gas rises to 6.7m T/mon: Egypt’s El-Molla
Egypt's monthly consumption of petroleum products and natural gas increased to 6.7 million tonnes, 30 percent of…
Egypt signs 3 oil, gas exploration deals worth $220mn
Egyptian Petroleum Ministry signed three new agreements for exploring gas and oil in the Mediterranean Sea on…
Egypt signed 8 deals to find energy reserves in FY2015-16
Egypt's petroleum ministry said it signed in 2015/16 eight agreements with six international and local companies to…
Afreximbank studies $1 billion finances for Egypt oil, SME sectors
The African Export-Import Bank (Afreximbank) is studying a new financing programme worth $1 billion with Egypt…
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
The total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 billion Egyptian pounds…