Bahrain and Egypt discuss investment opportunities
Egyptian Finance Minister Amr Al Jarehi has praised the deep-rooted historic ties between his country and Bahrain…
Browsing Tag
petroleum
Egypt’s non-petroleum exports up 9.3% in eight months
Egypt's non-petroleum exports increased 9.3 percent during the period from January until August 2017 to record…
Alexandria Petroleum’s output hits 33.9bn Egyptian pounds in FY2016/17
Egyptian state-run Alexandria Petroleum Company's output reached 33.9 billion Egyptian pounds ($1.9 billion)…
Oil dips as US floods cause large-scale refinery shutdowns
Oil prices slid on Wednesday as refinery shutdowns in the wake of Hurricane Harvey cut U.S. demand for crude, the…
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…
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…