AMIG Insures Scimitar Production’s Wells In Ras Ghalib With EGP 1.6 Bln
The Arab Misr Insurance Group (AMIG) signed a contract to insure Scimitar Production Egypt’s oil wells in Ras…
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petroleum
SFD Signs Natural Gas Vehicle Conversions Phase 16th Agreement
The Social Fund for Development (SFD) has signed a contract of the natural gas vehicle conversion's 16th phase,…
Ahli United Bank Issues US$ 130 Mln LCs To Petroleum and Food Industries
Ahli United Bank has approved to issue letters of credit worth US$ 130 million (EGP 900 million) to companies…
NBE Offers EGPC US$ 192 Mln To Import Crude Petroleum From Kuwait
The National Bank of Egypt (NBE) has issued a letter of credit worth US$ 192 million for the Egyptian General…
Electricity Minister Holds Press Conference At HQ Today
The newly-appointed Egyptian Minister of Electricity and Energy, Ahmed Emam, is holding today an open dialogue with…
Egypt Struggles To Buy Oil As Currency Crisis Deepens
Egypt's currency crisis has intensified its oil supply troubles, as the weaker pound makes it more difficult for…
OAPEC Approves KWD 2.102 Mln Budget For 2013
The Organization of Arab Petroleum Exporting Countries (OAPEC) Ministerial Council concluded its 89th meeting after…
OAPEC Meeting Chairman Seeks To Promote Regional Oil Organizations
The Organization of Arab Petroleum Exporting Countries (OAPEC) Ministerial Council holds its 89th meeting in Cairo…
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…
Oil Pares Weekly Gain As Middle East Tension Eases On Cease-Fire
Brent oil fell for a second day in London, paring a weekly gain, as a cease-fire between Israel and Hamas…