EGPC
EGPC, Kuwait’s Energy signs partnership agreement on natural gas field in Iraq
Business
October 26, 2016
EGPC, Kuwait’s Energy signs partnership agreement on natural gas field in Iraq
Egyptian General Petroleum Corporation (EGPC) has signed partnership agreement with Kuwait Energy oil company on the Siba natural gas field,…
EGPC negotiating to delay dollar payments owed to banks
Business
December 8, 2015
EGPC negotiating to delay dollar payments owed to banks
Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank in November and is…
Minister: Egypt state oil company signs deal to help develop Iraqi fields
Business
March 15, 2015
Minister: Egypt state oil company signs deal to help develop Iraqi fields
Egypt's state oil company signed an agreement to join Kuwait Energy in developing an oil field in southern Iraq, the…
EGPC to start negotiations over paying part of foreign petroleum companies’ dues
Business
July 15, 2014
EGPC to start negotiations over paying part of foreign petroleum companies’ dues
Egyptian General Petroleum Company (EGPC) is in negotiations with several international banks to receive a US$1.5 billion loan to pay…
Gulf Arabs free fuel for Egypt reaches $6 billion in value
Business
May 6, 2014
Gulf Arabs free fuel for Egypt reaches $6 billion in value
Gulf oil producers have given Egypt a free fuel lifeling totalling $6 billion in value to help fend off unrest…
Mansour approves 8 new petroleum agreements, with US$1.2 billion investment
Business
January 2, 2014
Mansour approves 8 new petroleum agreements, with US$1.2 billion investment
Interim President Adly Mansour issued decrees approving eight new oil agreements to search for oil and gas with investments of…
Seven new oil agreements with U$1.2 billion investments
Business
December 23, 2013
Seven new oil agreements with U$1.2 billion investments
The Cabinet approved seven new oil agreements to explore for oil and gas.
Egypt’s debts to foreign oil companies reach US$6.2 billion: minister
Business
October 1, 2013
Egypt’s debts to foreign oil companies reach US$6.2 billion: minister
Minister of Petroleum and Mineral Resources Sherif Ismail has announced that Egypt's debts to foreign companies reached US$6.2 billion by…
Sources: curfew delays fuel supply to stations
Business
August 23, 2013
Sources: curfew delays fuel supply to stations
Despite the availability of oil and diesel surplus, long curfew hours have been delaying the delivery of supplies to oil…
Egypt could turn $5.4-billion petroleum debts into bonds
Business
August 12, 2013
Egypt could turn $5.4-billion petroleum debts into bonds
The Egyptian General Petroleum Corporation (EGPC) is looking into proposals that would convert debt owed to foreign oil companies operating…