Egypt’s Petroleum Minister Says EGP60bn Annual Energy Revenues
Egyptian Petroleum Minister Sherif Ismail said the volume of the country's revenues in energy sector don't exceeded…
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Sherif Ismail
Agiba Petroleum Boosts Daily Oil Output to 69.000 Barrels
Egypt’s Agiba Petroleum Company has achieved daily production rates amounting to around 69.000 barrels of crude…
Egypt’s Crude Oil Reserves Hit 4 billion Barrels – Minister
Egypt’s current proven reserves reached 4 billion barrels of crude oil and around 67 trillion cubic feet of natural…
Egypt Pays $1.5 bln to Foreign Energy Firms – Oil Ministry
Egypt has paid $1.5 billion of its debt to foreign energy companies, the oil ministry said in a statement on…
Egypt to Repay $2-3 billion of Foreign Oil Debts at 2014-end – Minister
Egypt seeks to repay by end of this year around US$2-3 billion of its total debts to foreign oil companies working…
Egypt Inks $44mn Oil, Gas Exploration Agreements with Apache and Tharwa
Egypt's Oil Minister Sherif Ismail singed two agreements Wednesday with Apache Corporation and Tharwa Oil worth…
Egypt to Finalise $10 Billion Deal with BP
Egypt is to finalise a deal with British Petroleum to invest $10 billion in gas fields in Alexandria governorate,…
Egypt to Increase Gas Production by Year End – Oil Minister
Egypt plans to increase its production of natural gas by 400-500 million cubic feet per day by the end of the year,…
Egypt’s Minister Says EGP365bln Consumption Rates of Oil Products Annually
The consumption rates of petroleum products reached up EGP365billion annually against revenues volume which do not…
17 New Wells to Join Egypt’s Natural Gas Grid: Ministry
Egypt’s Ministry of Petroleum plans to add 17 new natural gas wells to its production grid in an attempt to…