Tag: Oil

Khalda Petroleum reduces cost of oil produced from Apache concession to $4.5/barrel

We saved $155,000 daily on drilling expenses during FY 2015/2016, says Abdel…

Mohamed Adel Mohamed Adel

13.9% increase in value of Egyptian imports from East Asian countries in 2015

The Central Agency for Public Mobilization and Statistics (CAPMAS) recently issued its…

Hossam Mounir Hossam Mounir

Apache to invest $960m in western desert concessions during current fiscal year

Ongoing discussion in regards to increasing FY 2017/2018 investments with Apache’s officials,…

Mohamed Adel Mohamed Adel

Oil company IPOs to be held in Egyptian, international stock exchanges: El Molla

The Ministry of Petroleum and Mineral Resources introduced a list including eight…

Mohamed Adel Mohamed Adel

Joint projects with Iraq in oil, drilling activities under study: Petroleum Ministry

The minister is currently visiting Iraq, discussed potential partnership with Iraqi prime…

Daily News Egypt Daily News Egypt

Parliament calls on government to review Aramco agreement, find out why October shipment suspended

The Saudi company has not informed the government about resupplying Egypt with…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Aramco oil deal with Egypt still on, suspension of October shipments ‘exceptional’

Aramco informed EGPC of its inability to supply Egypt with shipments of…

Mohamed Ayyad Mohamed Ayyad

Troops loyal to rival government seize Libyan oil ports

Soldiers under Libyan General Khalifa Hifter have seized at least two oil…

Deutsche Welle Deutsche Welle