Tag: EGPC

EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president

The total amount of investments that are hoped to be collected from…

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Apache investing $1.4bn in Western Desert concession area: Khalda president

DNE interviews Taher Abd Al-Rehim, president of Khalda Petroleum, the joint venture…

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Petroleum grants from Arab countries strengthen Egypt’s credit rating

Drops in Egypt's credit rating following the 25 January Revolution negatively impacted…

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Additional fuel imports to sustain power plants in summer worth $780m: EGPC chairman

Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign…

Sara Aggour Sara Aggour

The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts

The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…

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Wepco assumes operational control of Badr 1 field

Badr El Din Petroleum Company is currently operating Badr 1 but will…

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EGPC will auto-finance full amount of MIDOR bid

MIDOR’s refinery capacity in Alexandria stands at approximately 3bn barrels per month;…

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Gulf Arabs free fuel for Egypt reaches $6bn in value

The aid helps reduce the heavy costs of government fuel subsidies and…

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Government financial bodies suffer EGP 10bn losses

Financial bodies were unable to meet revenue target and fell behind by…

Sara Aggour Sara Aggour

Is the military good for Egypt’s economy?

By Farah Halime, Rebel Economy That’s a question I put to around…

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