15% cut in oil, gas production costs in Egypt
Work programme developed with companies to increase reliance on domestic production: source
Foreign partners’ share in petroleum fields increases to $750m on monthly basis
Increase in oil prices globally. linking new wells to production are reasons:…
Petroleum products subsidies up by EGP 10bn in Q1 2018/19
20% increase in barrel price than estimated by state budget
India’s currency tumbles amid rising oil prices
The Indian rupee has turned out to be Asia's worst-performing currency this…
Oil traders expect return of $100 crude for first time since 2014 amid Iran sanctions
Problem not only concerning Egypt, but also concerning all petroleum market globally,…
BP, EGPC sign $46m agreement for oil, gas exploration in Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) signed an agreement with the energy…
Monthly oil and gas import bill falls to $550m: Petroleum minister
Egypt achieves self-sufficiency of gas by end of 2018, says El-Mulla
Trump, Rouhani exchange hostilities, threats over oil exports
US is planning to shut Iran out of global oil market, urging…
Further increase in global oil prices would put pressure on Egyptian budget: IMF
Global risks highlight the need to broaden and accelerate structural reforms, mentions staff…
EGPC to pay between $200-500m of foreign partners’ entitlements within two months
Receipt of fourth shipment of 2mn barrels of Iraqi oil in two…
