Tag: Fuel

Electricity Ministry will pay EGP 700m of fuel arrears to Petroleum Ministry next week

We aim to increase monthly amounts to EGP 1bn, says official

Mohamed Farag Mohamed Farag

World Bank accused of financing fossil fuel development

A new report says the World Bank's Development Policy Financing programs continue…

Deutsche Welle Deutsche Welle

Brent hike and flotation eats 91% of fuel subsidies allocation in H1 of FY 2016/2017

Ministries of electricity and petroleum call for additional allocations to face impact…

Mohamed Farag Mohamed Farag

EGPC poses tender to replace Aramco fuel shipments in January

The Egyptian General Petroleum Corporation is set to pose a tender to…

Mohamed Adel Mohamed Adel

Petroleum Ministry to pose fuel tender as alternative to Aramco contract in December

Talks with Saudi Arabia are ongoing to discuss Aramco's position on the…

Mohamed Adel Mohamed Adel

Cabinet obliges cement plants to use 15% of waste as alternative fuel sources in 2030

Use of alternative fuel sources will participate in saving $51m annually by…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt has received fuel shipments worth $1.2bn from Aramco over the past 4 months: Petroleum Minister

The value of petroleum products exported by the Saudi Arabian company Aramco…

Mohamed Adel Mohamed Adel

Industry Minister seeks to increase use of cement plants for alternative fuel sources by 30%

The increase of alternative fuel sources will save $50m annually by 2025,…

Shaimaa Al-Aees Shaimaa Al-Aees

Aramco oil deal with Egypt still on, suspension of October shipments ‘exceptional’

Aramco informed EGPC of its inability to supply Egypt with shipments of…

Mohamed Ayyad Mohamed Ayyad

Egypt receives $650m worth of fuel from Saudi Arabia in May and June

Brent hike moves Aramco bill to $350m this month

Mohamed Adel Mohamed Adel