Fuel price hikes are credit positive: Moody’s
Egypt's credit rating to return back to BB+ by end of economic…
Egypt’s fuel subsidy reform is credit positive, reducing fuel subsidy bill to 1.7% of GDP in 2019: Moody’s
Subsidy reform adjustment led to declining purchasing power, yet a brightening economic…
UAE’s Mubadala buys 10% of Zohr field
The Ministry of Petroleum signed a final agreement to sell 10% of…
Egypt and Saudi Arabia postpone interconnection agreements indefinitely
Egypt and Saudi Arabia have again postponed awarding the tender for the…
Government is considering implementation of a new mechanism for monitoring distribution of butane cylinders
Gasoline mart card system to be cancelled, after finding defects in application:…
EGAS reportedly purchased 9 LNG shipments
Aramco to supply Egypt with 0.5-1m barrels of crude oil per month
30 companies to start implementation of solar energy projects in Benban
Thirty companies from Aswan started implementing solar energy projects with the feed-in…
Breakthrough in wind feed-in tariff projects
Cabinet agrees in principle to implementation of stations on BOO scheme
Daily gas production up by 1.5bn scf/day: Petroleum Ministry
The Ministry of Petroleum announced that the total daily added production of…
Government reduces fuel subsides by 16-66%, raises gasoline 92 to EGP 6.75
The Egyptian authorities decided to go ahead with hikes to subsidised government-set…