OIL AND GAS

21 May 2015

Egypt permits private sector to import natural gas

Egypt has given the private sector a green light to import natural gas or liquefied natural gas (LNG), a government official said, a step that could encourage private investment in the energy sector while easing energy shortages.

Declining energy production, held back by a lack"...

Continue Reading

21 May 2015

Egypt confirms no rise in fuel prices associated with smart cards

Egypt is to implement the long-planned smart card system for fuel at gas stations on 15 June.

Egypt's newly planned smart card system for fuel consumption will not result in a price hike and will not be used to limit the amount of fuel allocated"...

Continue Reading

21 May 2015

US, Korean Banks may cooperate in Egypt's $7.5 billion Petrochemicals Project

Egyptian Investment Minister Ashraf Salman has discussed Wednesday plans to carry out petrochemicals project in Egypt with the representatives of the U.S. Export-Import Bank, Export-Import Bank of Korea (Korea Eximbank).


"...

Continue Reading

19 May 2015

DEA reduces share of offshore Egypt gas project

DEA Deutsche Erdoel has farmed down its stake in the $12-billion West Nile Delta (WND) gas project in the Egyptian sector of the Mediterranean Sea to operator BP.


The current WND Phase 1 program"......

Continue Reading

18 May 2015

60m cubic feet monthly gas production cannot be compensated: EGAS official

Sixty million cubic feet of the natural gas lost in monthly production cannot be compensated through linking to other wells, which will only cover 70m cubic feet of the monthly production, according to a senior official at the Egyptian Natural Gas Holding Company (EGAS).


"...

Continue Reading

10 May 2015

National Bank of Egypt mulls arranging New Loan for Oil Sector

The National Bank of Egypt (NBE) is studying arranging a funding worth US$1 billion for one of the state-run oil refineries, a NBE senior source told Amwal Al Ghad Sunday. The financing is set to go for upgrading the oil refinery as part of the country's plan to boost petroleum production.

...

Continue Reading

10 May 2015

Private sector to take part in Cypriot gas deal: EGAS

The Egyptian Natural Gas Holding Company (EGAS) is preparing regulations involving the establishment of an independent system to regulate natural gas consumption to allow the energy market’s liberalisation. This would also give the private sector the ability to fulfil its own fuel"...

Continue Reading

09 May 2015

Egypt receives LNG shipment from Algeria’s Sonatrach

Egypt’s Ain Sokhna port received Friday a liquefied natural gas (LNG) shipment of 3 billion cubic meters (bcm) from Algeria’s Sonatrach, Petroleum Ministry said in a statement.


This"...

Continue Reading

07 May 2015

UAE hosts the 1st “Shell Technology Leadership Event” in the region

The first Shell Technology Leadership Event (STLE) kicked off in the UAE this morning, marking the brand’s first technology event in the Middle East, Central Asia and Pakistan (MECASTAN) region. The two-day event is being held on the 7th and 8th of May at Dubai’s Mina A’Salam"...

Continue Reading

06 May 2015

Egypt Launches Tender to Lease Second LNG Terminal

Egypt is continuing its efforts to increase energy security, launching a tender to lease a second LNG import terminal and negotiating with regional players to buy more gas.


In"......

Continue Reading
Found articles: 16 - Pages  1 2 
Contact US | Powered by CNPHUB.com - All Rights Reserved