Cairo hopes to cut fuel imports to 10% of consumption by 2019
Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about 10…
Browsing Tag
petroleum
SDX Energy finishes drilling campaign at SD-1X well in Egypt
North Africa focused oil and gas company SDX Energy Inc said on Friday drilling on the SD-1X on the South Disouq…
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…
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…
