Dues owed to foreign oil and gas companies reach $6.3bn in July
Dues owed to foreign oil companies reached a total of $6.3bn this…
Fuel consumption rates stabilise in domestic market after implementation of price increases
This follows a surprise increase in consumption took place on Friday following…
Petroleum price hikes spark widespread outcry
“Thugs” forcing fuel stations to sell at old price yet police are…
Government negotiating with foreign partners to adjust price of gas from $3 to $4 per 1m BTUs
Decreased gas production is result of slowdown in partners’ development and exploration…
EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president
The total amount of investments that are hoped to be collected from…
Apache investing $1.4bn in Western Desert concession area: Khalda president
DNE interviews Taher Abd Al-Rehim, president of Khalda Petroleum, the joint venture…
Petroleum grants from Arab countries strengthen Egypt’s credit rating
Drops in Egypt's credit rating following the 25 January Revolution negatively impacted…
Additional fuel imports to sustain power plants in summer worth $780m: EGPC chairman
Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign…
The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts
The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…
Wepco assumes operational control of Badr 1 field
Badr El Din Petroleum Company is currently operating Badr 1 but will…