OIL AND GAS

22 Aug 2017

WAKGROUP Signs Historic Deal With China’s GEDI & CEEC to Establish State-of-the-Art Oil Refinery in KP Pakistan

WAK Group, a Pakistani Conglomerate with varied interests especially in the Oil and Gas Sector, and Guangdong Electrical Design Institute ('GEDI'), an energy industry leader in engineering, procurement and construction (EPC) solutions singed a historic EPC agreement to engineer,"...

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22 Aug 2017

Egypt issued a tender to purchase vegoils

According to market participants, Egypt’s state buyer GASC has issued a tender to purchase 30 KMT of soybean oil and 10 KMT of sunflower oil, reports UkrAgroConsult. The sunflower oil delivery period – October 01-15, 2017, soybean oil - October 15-30, 2017. The deadline for tender bids is August 24, 2017. As a reminder, 61 KMT of vegoil was bought in the previous tender held on July 20, 2017. More detailed information on tenders is available to subscribers for weekly market report 'Black Sea Vegoils+CIS' by UkrAgroConsult.......

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21 Aug 2017

Shell is said to mull buying Israel, Cyprus gas for Egypt plant

Royal Dutch Shell Plc is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.

Shell is in talks to buy"...

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21 Aug 2017

Qarun Petroleum ups crude production to 1,000 barrels/month

Qarun Petroleum Company, a joint venture between the Egyptian government and U.S. oil giant Apache, says it has boosted it crude oil production to around 1,000 barrels a month.

The company accelerated a number"...

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21 Aug 2017

Egypt's GASC says seeking soyoil, sunflower oil in tender

Egypt's state buyer the General Authority for Supply Commodities (GASC) said on Sunday it was seeking soyoil and sunflower in a tender.

GASC is seeking at least 10,000 tonnes of sunflower oil for arrival Oct."...

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17 Aug 2017

Schlumberger Announces Third-Quarter 2017 Results Conference Call

Schlumberger Limited (NYSE:SLB) will hold a conference call on October 20, 2017 to discuss the results for the third quarter ending September 30, 2017.

The conference call is scheduled to begin at 8:30 am US Eastern"...

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16 Aug 2017

Dana Gas to drill 3 new wells in Egypt

Dana Gas on Tuesday said its receivables from the Egyptian government contributed to its profit growth during the first half of 2017.

The Sharjah-based gas company also announced plans to drill three exploration"...

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14 Aug 2017

Egypt to reduce imports of LNG to 80 cargoes in 2017/18 year

Egypt is planning to import 80 cargoes of liquefied natural gas during the 2017-18 financial year that began in July, Petroleum Minister Tarek El Molla told Reuters on Sunday, down from the 118 cargoes"...

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14 Aug 2017

Egypt to hold tender for oil exploration in Eastern Desert

Egypt's General Authority for Petroleum (EGPC) announced on Sunday it would hold a tender for oil exploration in the country's Eastern Desert.

The areas open for exploration include Wadi Dara, with a"...

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12 Aug 2017

Egyptian Company in Talks to Import Israeli Natural Gas Again

Bloomberg reported Thursday that natural gas could be shipped from Israel to Egypt, via Jordan, in a deal being negotiated between Egyptian energy giant Dolphinius Holdings, Israel’s Delek, and US company Noble Energy. Alla Arafa, co-founder of Dolpinius Holdings, told Bloomberg, “There is great potential for the Mediterranean to be a gas hub for the region and we want to be partners with Israel in this.” The report follows significant developments this week in the natural gas industry in Egypt and Israel. The Egyptian......

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