Petroleum ministry

Egypt launches international tender for oil, natural gas exploration
Business

Egypt launches international tender for oil, natural gas exploration

Egypt's Ganoub El-Wadi Petroleum Holding Company (GANOPE) launched an international tender for oil and natural gas exploration in 10 sectors…
Two agreements signed between MIDOR, UOP over expanding oil refinery
Business

Two agreements signed between MIDOR, UOP over expanding oil refinery

Petroleum Minister Sherif Ismail has attended the signing ceremony of two agreements between the Middle East Oil Refinery (MIDOR) and…
Petroleum Ministry signs project agreement to produce gasoline, butane gas
Business

Petroleum Ministry signs project agreement to produce gasoline, butane gas

The Petroleum Ministry has signed a contract with the French company Axens, in order to establish an industrial complex producing…
Chinese company to invest US$250 million in Egypt
Business

Chinese company to invest US$250 million in Egypt

The Chinese Star Oil and Gas (SOG) company has announced an investment of US$250 million in Egypt to help build…
Minister: LPG to be increased 150% to solve cylinder crisis
Egypt

Minister: LPG to be increased 150% to solve cylinder crisis

Petroleum Minister Sherif Ismail has agreed to increase the pumping of Liquified Petroleum Gas (LPG) rates to 150 percent to…
Egypt, Cyprus aim for gas import deal in 6 months
Business

Egypt, Cyprus aim for gas import deal in 6 months

Egypt and Cyprus have signed a memorandum of understanding on energy cooperation and aim to reach a deal on Egyptian…
Three agreements signed to excavate oil and natural gas with US$265 million investments
Business

Three agreements signed to excavate oil and natural gas with US$265 million investments

Petroleum Ministry signed on Tuesday three new agreements on excavating petrol and natural gas in maritime areas north and east…
Egypt’s debts to foreign oil companies reach US$6.2 billion: minister
Business

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…
Diplomat: Egypt’s subsidized diesel being smuggled to Jordan
Egypt

Diplomat: Egypt’s subsidized diesel being smuggled to Jordan

Traffickers use trucks to smuggle around 18 million liters of subsidized diesel a year from Egypt to Jordan, an Egyptian…
Egypt wants bigger share in future oil, gas contracts
Business

Egypt wants bigger share in future oil, gas contracts

Egypt will seek a bigger share of production in future oil and gas exploration contracts signed with foreign companies, its…
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