Oil & Gas News
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EGAS halts pumping of gas to Idku plant
By contract, the Idku liquefaction plant should be pumped 1.13bn cubic feet of gas per day, but the rates have been decreasing gradually.
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UAE to provide Egypt with $8.7 bln petroleum products
"We will complete all the details this week and the first shipment will be sent next week," the official said, referring to the UAE agreement.
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BG Egypt enhances gas infrastructure to bring new wells on
The new well control system can now manage the production from additional wells simultaneously.
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How big is the Israel-Egypt Gas deal for Noble Energy?
Egypt and Israel are believed to be on the verge of a massive $60 billion natural gas deal.
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Gas imports from Israel to save Egypt $10 per million BTUs
Egypt will receive gas imported from Israel at a price no greater than $8 per million BTUs compared to an average price of $16 per million BTUs.
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UAE to provide Egypt with loan to purchase petroleum products
"The Emirati loan will last for one year and is allocated to purchase petroleum substances," Mulla said.
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RWE Dea starts up Egypt’s Disouq gas treatment plant
RWE Dea AG has started gas production from the central treatment plant (CTP) of the Disouq development project in Egypt.
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80% majority of Egypt’s natural gas production goes to power plants
Gas is distributed across industries with approximately 266m cubic feet of gas daily directed to fertiliser, 99m for cement.
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Egypt, Israel near major gas deal
After years of buying under-valued Egyptian gas, Israel would sell gas to its neighbour in a deal expected to be finalised in months.
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Government reduces gas to plants to solve power crisis
EGAS is currently pumping 350m cubic feet of gas per day to fertiliser and cement factories.
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Government bodies owe Petroleum Authority EGP 163bn
The Ministry of Finance has accrued EGP 95bn in debt owed to the Petroleum Authority, which includes some EGP 32bn for subsidy differentials.
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Egypt imposes property tax on oil and gas fields
Property tax is set at 10 per cent of a unit's rental value and three per cent of a unit's capital value.
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Sisi's government clings to debt to pull Egypt's Oil & Gas from the brink
EGPC had accumulated $6.3 billion in outstanding arrears, of which $1.5 billion was paid back in December 2013.
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Eni starts production at DEKA project in Egypt
Italian company starts natural gas production in Egypt's Deka gas project.
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Israel nears gas sales to Egypt as Mideast unrest flares
Noble Energy Inc. and units of Israel’s Delek Group Ltd. plan to deliver as much as 6.25 trillion cubic feet of gas from the Tamar and Leviathan .
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Talks with Egypt on potential natural gas sale after ENI-KOGAS drilling results
The construction of a natural gas liquefaction terminal remains a priority for Nicosia.
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Shell Lubricants to reach competitive market share in Egypt by year’s end
MD Saher Hashem talks about the company’s plans to make itself a market leader in the lubricants sector.
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Egypt looks to secure LNG production and supply
Egypt has lined up LNG shipments from Algeria’s Sonatrach, Russia’s Gazprom, and France’s EDF.
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FuooTech Brand Series LOP Vacuum Lubricating Oil Purifier
Series LOP vacuum lubricating oil purifier is used to purify and recover various industrial lubricating oils such as hydraulic oil, refrigeration oil
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Madison PetroGas Ltd. updates operations in Egypt
One high risk exploration well and three Meseda development wells have been drilled to date.