Investments by foreign companies reach $8.5bn during current FY: Minister of Petroleum
$3.8bn investments of BP in Atul field for producing 300m cubic feet…
Is pressure for Egypt’s reform coming from the IMF or from oil prices?
While the IMF conditionality is the focus of the reform agenda, oil…
EU-funded project could save 20m tonnes of oil equivalent by 2035
EU holds workshop with Egyptian ministries to implement TARES project
$400m dues owed to RWE for its stake in Suez Oil Company fields
RWE’s contract in Gulf of Suez concession ends in July 2017; no…
Nigeria’s Avengers claim Niger Delta oil pipeline attacks
An oil pipeline belonging to the Italian oil company Agip came under…
BP announces new discovery in Egypt’s East Mediterranean
The discovery is located 12 kilometres from the shoreline
Niger Delta crisis escalates
Nigeria's oil-dependent economy is under siege from militants who are targeting oil…
NBE considers granting EGP 7bn to economic sectors in coming period: deputy chairperson
The bank settled EGP 2bn of non-performing debts from July 2015 until…
Royal Dutch Shell’s profit evaporates amid oil price slide
The Anglo-Dutch energy giant saw its after-tax profit reduced to a trickle…
Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016
Net inflows of foreign direct investment in Egypt rose from $ 2.6bn…
