Tag: petroleum

UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014

Egypt has made various offers to the UAE, Saudi Arabia and Kuwait…

Daily News Egypt Daily News Egypt

EGPC will auto-finance full amount of MIDOR bid

MIDOR’s refinery capacity in Alexandria stands at approximately 3bn barrels per month;…

Daily News Egypt Daily News Egypt

Egyptian petroleum companies owe $6bn to foreign companies at end of April: EGAS president

Egypt is facing a serious issue as a result of the government's…

Daily News Egypt Daily News Egypt

Explosion in Sohag kills 10, injures 37

Blast was in house used to store black market diesel and gas

AbdelHalim H. AbdAllah AbdelHalim H. AbdAllah

Ministries of Electricity and Petroleum form agreement for provision of alternative fuels

The electricity sector currently operates at 86% of its capacity, while maintenance…

Daily News Egypt Daily News Egypt

PetroJet’s net profit hikes 14% year on year

Financial results reflect company’s success in boosting business volume after two years…

Doaa Farid Doaa Farid

Petroleum sector receives $58m in investments

Egyptian petroleum firm planning to produce 31,500 barrels of oil per day…

Doaa Farid Doaa Farid

Banks should contribute to all economic sectors equally: Bankers

“What matters for banks is the ability to meet deadlines for loan…

Doaa Farid Doaa Farid

Egypt’s LNG import ambitions thrown into disarray

Reuters - Egypt's hope of importing liquefied natural gas to stave off…

Daily News Egypt Daily News Egypt

Galal approves allocation of EGP 1.31bn funding to healthcare, education, other sectors

Allocations aimed at improving public services for citizens, finance minister says

Doaa Farid Doaa Farid