RWE injects $300m into its area of concession for FY 2014/2015
Germany’s RWE, a Suez Oil Company (SUCO) partner, has increased investment allocations…
Gas imports from Israel to save Egypt $10 per million BTUs
LNG will not be sufficient to meet actual needs of all sectors:…
UAE to provide Egypt‘s petroleum needs at $9bn for 1 year
UAE will provide Egypt with diesel, fuel oil, petrol and butane gas…
EGPC guarantees loan with naphtha, crude oil revenues from Ras Gharib
Total dues owed to foreign partners in the petroleum sector currently stand…
Dues to foreign companies increase by $300m
Dues to foreign companies operating in the oil sector have increased by…
Petroleum ministry assigns EGPC to pay for gas shipments through internal revenue
By Mohamed Adel The Ministry of Petroleum has assigned the task of…
Dues owed to foreign oil and gas companies reach $6.3bn in July
Dues owed to foreign oil companies reached a total of $6.3bn this…
Fuel consumption rates stabilise in domestic market after implementation of price increases
This follows a surprise increase in consumption took place on Friday following…
Petroleum price hikes spark widespread outcry
“Thugs” forcing fuel stations to sell at old price yet police are…
Government negotiating with foreign partners to adjust price of gas from $3 to $4 per 1m BTUs
Decreased gas production is result of slowdown in partners’ development and exploration…