CBE provides $400m to import fuel in Q1 of 2016
EGPC resorts to petroleum contracts with payment facilities to resolve dollar crisis,…
ERC shareholders paid 7.5% of EGPC share in establishing new refining lab
A senior official at the ERC told Daily News Egypt that the…
International oil, gas exploration bid to be offered in 7 areas in Q1 of 2016
We target to increase oil production to 700,000 barrels per day during…
Egypt negotiates with Kuwait to renew contract to supply 3m barrels per month
Crude oil imported from Kuwait Petroleum Corporation helps save fuel in local…
10% increase in Schneider Electric’s investments in 2016
We are participating with the Ministry of Electricity and renewable energy companies…
Oil company investments worth $7bn for FY 2016/2017
Gas production to increase to 4.5bn cubic feet per day in 2016
EGPC negotiates with ADNOC to get fuel shipments with payment facilitations
EGPC is working on an agreement with Saudi Arabia, Kuwait, and the…
Schneider Electric offers €50m investment fund to support micro companies in North Africa
The company provided €52m investments in electricity projects in Egypt and North…
Five year plan for oil sector revealed
During the previous fiscal year (FY) 2014/2015, the oil and gas demand…
Ministry of Aviation’s petroleum dues increased to EGP 7bn by November
Debt increased due to the suspension of payment of the entire value…