Oil & Gas News
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Top 10 petrochemical industry of Egypt
Needs of petrochemicals are growing in paints, rubber, plastics, detergents, textiles, and medicines. Egypt's exports surged by 23% to $8.6 billion.
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Egypt Prepares to Resume LNG Exports
The resumption is likely to boost supplies to Europe and increase bearish signals for prices on the continent.
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Shell announces new gas discovery in Egypt’s Mediterranean Sea
Shell has contracted the Stena Drilling for Mobile Offshore Drilling Unit (MODU) – Stena Forth rig – to carry out the drilling campaign.
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MSMEDA invests LE 470M to convert cars to natural gas over 3 years
MSMEDA contributed to converting 59,000 cars, which represented about 40 percent of the cars converted in Egypt.
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Egypt eyes LNG export resumption, navigating energy challenges amid regional turbulence
Egypt relies on imports of Israeli gas to meet a portion of its domestic demand, as well as for re-export purposes.
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Chevron announces resumption of gas flows to Egypt
US energy giant Chevron has resumed natural gas flows through the East Mediterranean Gas (EMG) pipeline from Israel to Egypt.
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Egypt expected to resume LNG exports in December or January
LNG exports this year have been lower as high domestic demand over the summer resulted in very low or zero LNG exports in May-September.
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Israel gas flows to Egypt set to return to pre-war level
Egypt uses some Israeli gas to meet its domestic needs and exports the excess along with its own liquefied natural gas, primarily to Europe.
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Subsidiary of Egyptian energy TAQA Arabia opens first natural gas station in Tanzania
TAQA Dalbit, a subsidiary of Egyptian energy company TAQA Arabia, opened in Tanzania the country’s first natural gas fueling station and conversion.
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Capricorn Energy delays operations update as talks with Egypt continue
The company, which is revamping its strategy to focus on its Egyptian assets after two shareholder revolts over merger plans.
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Revolutionizing Egyptian oil exploration
In the vast expanse of Egypt's Western Desert, a hidden treasure of oil and gas resources lies in wait, largely untapped until now.
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Egypt, Venezuela discuss cooperation opportunities in oil, petrochemical sectors
The Venezuelan Minister expressed his satisfaction with the “fruitful meeting” he had with several Egyptian petroleum companies.
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Egyptian company invests over $640mln in gas development projects
The projects were reviewed on Tuesday by the general assembly of EGAS, which comes under Oil and Mineral Resources Ministry.
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Huawei inks 3 deals to support digital transformation in Egypt’s petroleum sector
The cooperation agreement will see the implementation of on-the-job training programs.
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Dana Gas to invest $80-100mln in Egypt
The firm, which operates in Egypt, Iraq and other countries, is also planning to drill 11 new oil wells in Egypt as part of its expansion plan.
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Egypt Imports Rare LNG Cargo Amid Scarcity of Israeli Gas
Egypt receives a scarce LNG shipment at Ain Sukhna Terminal due to a shortage in Israeli supplies. This comes as the country encounters continuous power outages, leading the government to search for other resources.
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Egypt decreases power cuts duration as natural gas supplies ramp up
The Egyptian government decreased the duration of power cuts in the country from two hours to one hour after natural gas supplies increased slightly.
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Egypt hikes up gasoline prices
Egypt's Automatic Pricing Committee for Petroleum Products has decided to increase gasoline prices across the board starting Friday.
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Mideast War Turns Spotlight on Arab Gas Pipeline
Despite the Mideast conflict, regional oil and gas flows remain uninterrupted. However, key infrastructure like the Arab Gas Pipeline is under scrutiny.
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Egypt completes refining projects worth $5.3bln
“There was a large decline in imports although domestic demand increased from around 20 million to 23 million tonnes per year,” the Minister said.