Egypt

An Egyptian plan to increase oil production and attract investments

Engineer Tariq Al-Molla, Minister of Petroleum and Mineral Resources, affirmed that the numerous reforms implemented by the state over the past years at all levels, which included major reforms in the oil and gas sector, had led Egypt to achieve significant successes at the economic level despite the challenges of the Corona pandemic during the past months.

TownGas delivered Natural gas to 50k housing unit in Abu Al Nomros, Giza

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the connection of Abu Al Nomros area to natural gas grid for the first time to provide natural gas to about 50,000 clients, according to a press release.

SDX Energy receives EGAS approval to extend South Disouq concession agreement

SDX Energy has received approval from state-owned EGAS to extend its South Disouq concession agreement for another two years

Iraq, Jordan and Egypt in talks on reviving oil pipeline project

Jordan, Egypt and oil-exporting Iraq have discussed reviving an oil pipeline project that that could eventually link the three countries, Jordanian Foreign Minister Ayman Al Safadi said on Tuesday.

Al Sisi urges more cooperation with Eni in oil sector

President Abdel Fattah El-Sisi met today with Claudio Descalzi, CEO of the Italian "Eni" Petroleum Company, in the presence of Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, and Mr. Alessandro Politi, Head of Exploration and Production at Eni.

Egypt keeps domestic gasoline prices unchanged

Egypt Fuel Automatic Pricing Committee decided on Wednesday to keep fuel prices nationwide unchanged till the end of December, leaving the price of 95-octane fuel at EGP 8.50 per litre, 92-octane fuel at EGP 7.50 per litre, and 80-octane fuel at EGP 6.25 per litre, the petroleum ministry said in a statement.

Shell and Total will export 30 LNG cargoes in 2021 as part of long-term contract

about 30 cargo of liquefied gas will be exported from the Edco Liquefaction Plant during the next year 2021, as part of the long-term contract commitments that have been concluded to market gas.

Apache can spend up to $900 mn at its Western Desert concessions this year

US oil and gas producer Apache could spend as much as USD 900 million at its Western Desert oil concessions this fiscal year if oil prices mount a recovery, Al Mal reports, citing a senior official at the Egyptian General Petroleum Corporation (EGPC).