petroleum

Fuel smart cards available across the country Friday
Business

Fuel smart cards available across the country Friday

Fuel smart cards will be available for car owners across the republic starting Friday, the Finance Ministry said Thursday, noting…
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…
$9 billion in UAE and Saudi investments for new power stations
Business

$9 billion in UAE and Saudi investments for new power stations

The New and Renewable Energy Authority has signed a memorandum of understanding with the UAE Masdar company to build a…
Energy, bride of the economic summit , Govt offers 24 projects in oil and electricity
Business

Energy, bride of the economic summit , Govt offers 24 projects in oil and electricity

The energy crisis of Egypt that had reached unprecedented levels has produced promising investment opportunities for private sector companies in…
Nine steps taken to reform Egypt’s energy system
Business

Nine steps taken to reform Egypt’s energy system

- Government decree issued in June 2014, restructuring the energy subsidization system and gradually raising energy prices by 2019.- Repayment…
Apache 2014 4Q production down from 2013, company says
Business

Apache 2014 4Q production down from 2013, company says

The Apache Corporation has released its financial results for 2014 operations, with a statement by the company denoting a drop in…
Negotiations start over importing petroleum from Kuwait, Saudi Arabia
Business

Negotiations start over importing petroleum from Kuwait, Saudi Arabia

Egypt has started negotiations with Saudi Arabia and Kuwait over a supply of petroleum products requested to cover the country's…
Industry federation rejects private sector assistance in butane crisis
Business

Industry federation rejects private sector assistance in butane crisis

A petroleum expert has rejected the suggestion to entrust the private sector to the storage of butane gas for emergencies…
Investment minister blames economy decline on energy
Business

Investment minister blames economy decline on energy

A flawed system of the generation and distribution of energy was the basic reason behind the deterioration in Egyptian economy…
Former Minister: Foreign oil firms slashed budget over crude price drop
Business

Former Minister: Foreign oil firms slashed budget over crude price drop

Foreign oil companies have slashed their budgets for 2015 by 30 percent, driven by declining world petroleum rates, former petroleum…
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