ministry of petroleum

Suez Canal revenues down 5.3% in 2015: chief
Business

Suez Canal revenues down 5.3% in 2015: chief

Egypt’s Suez Canal revenues dropped by 5.3 percent in 2015 to US$5,175 billion, down from US$5,465 billion, Suez Canal Authority…
Petroleum workers association in solidarity with striking gas sector
Egypt

Petroleum workers association in solidarity with striking gas sector

An association of petroleum workers has voiced their solidarity with the striking workers of the Egyptian state gas company, who…
Egypt to import Libya oil, pay down energy debt
Business

Egypt to import Libya oil, pay down energy debt

Egypt will import 900,000 barrels of oil a month from Libya starting in April and is paying off some of…
Any oil to spare? Throw it in the Nile, no one will notice or care
Environment

Any oil to spare? Throw it in the Nile, no one will notice or care

A five-kilometer-long oil spill was discovered near Edfu, a town north of Aswan, in October. Aside from the usual environmental…
Official: Funds allocated to diesel subsidies have run out
Business

Official: Funds allocated to diesel subsidies have run out

The Finance Ministry has said that funds allocated by the government for diesel fuel subsidies have run out for the…
Oil subsidy reform still under review, says minister
Egypt

Oil subsidy reform still under review, says minister

Egypt is holding off on reform of its costly state energy subsidy regime until it completes more studies and holds…
Former petroleum minister sentenced to prison challenges verdict
Egypt

Former petroleum minister sentenced to prison challenges verdict

  Gameel Saeed, a lawyer for Former Petroleum Minister Sameh Fahmy, challenged the verdict against his client at the Court…
Butane crisis persists despite govt assaurances
Egypt

Butane crisis persists despite govt assaurances

Egypt's ongoing fuel crisis remains under control, Minister of Supply and Internal Trade, Gouda Abdel Khaleq, said on Monday. His…
Assiut protestors boycott elections over gas cylinder shortage
Egypt

Assiut protestors boycott elections over gas cylinder shortage

The ongoing butane cylinder crisis escalated to clashes involving firearms in Ismailia and a boycott of elections in Assiut on…
Egypt finalizing plan to raise gas export prices
Egypt

Egypt finalizing plan to raise gas export prices

Egypt is putting the final touches to a new deal on Egyptian natural gas exports to Israel, including a large…
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