Oil & Gas News
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Spain Looks to Egypt for Fulfilling its Gas Demands
The parties discussed an overview of the investment opportunities available in Egypt in the field of oil, gas and petrochemicals.
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Egypt efforts to reduce emissions started showing results
Egypt's efforts to reduce emissions and increase energy efficiency can have a big positive impact on the environment and economy.
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Wintershall hunts for CO₂ storage in Egypt and Argentina
German oil and gas company actively screening potential offshore sites in both countries.
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Petroleum sector introduces new social responsibility strategy
The axes of the new strategy entail education, training, economic development, health, gender equality, and environmental protection projects.
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Chevron prepares tender for East Med drilling vessel
Chevron is preparing to issue a tender to lease a drilling ship to explore for natural gas off Cyprus, Egypt and Israel.
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Sinai has huge oil reserves, Petroleum minister announces
Egypt has huge oil reserves in the Sinai Peninsula, Minister of Petroleum and Mineral Resources in Egypt Tarek al-Mulla announced.
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Chevron seeks drilling ship to expand East Med gas search
"The Eastern Mediterranean has abundant energy resources and the potential to enhance energy security regionally and internationally."
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Egypt's Affirms Support for Efforts to Develop OAPEC Work Mechanisms
The Conference is expected to be held in the Qatari capital, Doha, during the period December 11-12.
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Petroleum min discusses preparations for 12th Arab energy conf
The 12th Arab Energy Conference, which is scheduled to be held in Doha, Qatar, during December 11-12, 2023.
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PM meets with petroleum minister
Prime Minister Mostafa Madbouli met Saturday with Minister of Petroleum and Mineral Resources Tariq Al-Mulla to review projects.
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The future of Egypt is: Decarbonized
In this report from Egypt Oil and Gas in cooperation with the Ministry of Petroleum and Mineral resources we see the efforts towards decarbonization.
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Petroleum Ministry Adopts Plan to Increase Oil Production from Sinai, Eastern, Western Deserts
The results of the current procedures improve the efficiency of operations and joint coordination with a number of production companies.
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Developing countries, including Egypt, have to cut oil subsidies: IMF
Egypt targets a primary surplus of 2.1 per cent of GDP in FY 2023/2024 and 2.3 percent of GDP in FY 2024/2025 and FY 2025/26.
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African gas suppliers look to meet Europe’s future LNG demand
Common purchases of gas are available to all EU member states, as well as Ukraine, Moldova, Georgia and the Western Balkans.
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MoPMR Demonstrates Excellence in Complaint Resolution in March
This came during Prime Minister Mostafa Madbouly’s review of the government complaints system’s progress last March.
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Shell named exclusive supplier of lubricants for MG Egypt
The partnership comes in line with Shell Lubricants Egypt's keenness to develop its network of distributors, OEMs and prospects alike.
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Town Gas Achieves Revenues Worth EGP 3.2B in 2022
The announcement was made during the general assembly meeting of the company to approve its operational results for the year 2022.
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PM, El Molla, Finance Minister Discuss Resolving Monetary Entanglements
There are financial entanglements between the Ministries of Petroleum and Mineral Resources, Electricity and Renewable Energy, and Finance.
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Egypt receives investor offers to buy Wataniya, Safi companies
The IPO is expected to be completed within a few weeks, after which shares of the two companies will be offered on the stock exchange later.
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United Oil and Gas announces Egypt operations update
United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt.