UK trade envoy to meet Egypt’s oil minister today
Jeffrey Donaldson, UK Prime Minister David Cameron’s trade envoy to Egypt, will meet Thursday Egyptian Minister of…
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Tarek El Molla
Egypt is ‘suffering’ due to high fuel subsidies: oil minister
Egypt’s petroleum minister stated Monday that the country is “suffering” due to fuel subsidies, saying these funds…
Credit Agricole, BNP Paribas to fund Egypt’s oil refinery expansion
Egypt's oil refinery MIDOR will finance its planned expansion, borrowing $1.2 billion from French lenders Credit…
Egypt arrears owed to foreign oil firms surges to $3 billion at end-2015
Egypt's outstanding arrears to foreign oil companies surged to US$3 billion at the end of December 2015 from US$2.7…
Petrobel ups its investments to $1.1 billion in FY2015-16 budget
Egypt-based joint-venture company Belayim Petroleum – Petrobel is to increase its investments to US$1.1 billion,…
Egypt signs two new oil and gas exploration deals
Egypt has signed Monday two oil and gas exploration contracts worth multi million dollars with foreign and Egyptian…
Egypt to export gas to Europe by 2025: Minister
Egypt is planning to export gas to Europe by 2025 thanks to two major energy discoveries, Zohr and North…
Iran’s oil return to boost SUMED volumes says Egypt’s petroleum minister
Egypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market - a move…
Egypt’s giant Zohr gas field targets output in 2017
Egypt aims to start natural gas production from its massive offshore Zohr field in 2017, a year ahead of schedule,…
BP to begin north Alexandria gas output in early 2017
British oil major BP is to begin production at its north Alexandria concession in early 2017 rather than mid-2017,…
