Tag: EGPC

EGPC guarantees loan with naphtha, crude oil revenues from Ras Gharib

Total dues owed to foreign partners in the petroleum sector currently stand…

Mohamed Adel Mohamed Adel

Dues to foreign companies increase by $300m

Dues to foreign companies operating in the oil sector have increased by…

Daily News Egypt Daily News Egypt

Petroleum ministry assigns EGPC to pay for gas shipments through internal revenue

By Mohamed Adel The Ministry of Petroleum has assigned the task of…

Daily News Egypt Daily News Egypt

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…

Mohamed Adel Mohamed Adel

Fuel consumption rates stabilise in domestic market after implementation of price increases

This follows a surprise increase in consumption took place on Friday following…

Mohamed Adel Mohamed Adel

Petroleum price hikes spark widespread outcry

“Thugs” forcing fuel stations to sell at old price yet police are…

Mohamed Adel Mohamed Adel

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…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt

Apache investing $1.4bn in Western Desert concession area: Khalda president

DNE interviews Taher Abd Al-Rehim, president of Khalda Petroleum, the joint venture…

Daily News Egypt Daily News Egypt

Petroleum grants from Arab countries strengthen Egypt’s credit rating

Drops in Egypt's credit rating following the 25 January Revolution negatively impacted…

Daily News Egypt Daily News Egypt