Tag: Oil

Petroleum companies operating in Egypt have reduced gas production: Ministry report

Delayed payment of debts to foreign partners threatens Egyptian gas production, says…

Mohamed Adel

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…

Mohamed Adel

Egypt seeking to provide next payment tranche to foreign petroleum partners

Delays in payments have hindered development, exploration and production in oil fields

Daily News Egypt

Non-oil exports hit $11.8bn since beginning of 2014

Exports continue to rise for the second consecutive month, after a series…

Abdel Qader Ramadan

UAE willing to invest in oil sector, choosing between current projects: Petroleum minister

Egypt discussed setting up pipelines and depots with Abu Dhabi

Mohamed Adel

Cement production to be impacted by energy cuts and higher fuel prices

The government’s decision to cut natural gas subsidies to factories followed shortly…

Daily News Egypt

‘No shame’ in Egypt using Israeli gas through British oil Company, after state’s approval: Petroleum minister

Egyptian government struggles to contain discontent of BG Group, which had to…

Mohamed Ayyad

Fuel consumption rates stabilise in domestic market after implementation of price increases

This follows a surprise increase in consumption took place on Friday following…

Mohamed Adel

Violence in Iraq costs Egypt EGP 10bn

EGP 10bn increase in fuel subsidies for 2014/2015 budget a result of…

Daily News Egypt

Government agencies owe petroleum ministry total of EGP 160bn: Ministry official

By Mohamed Adel Government agencies currently owe the Ministry of Petroleum a…

Daily News Egypt