23 Aug 2016
The Egyptian Holding Gas Company (EGAS) has re-pumped 90m cubic feet of gas on a daily basis to Misr Fertilisers Production Company’s (MOPCO) old factory and Alexandria Fertilisers factory. Gas pumping went back to normal following the completion of regular maintenance work and the provision the electricity plants’ requirements for electricity.
23 Aug 2016
Kerui Petroleum announced that the first paraffin removal operation of their latest independent-developed High-Temperature High-Pressure Nitrogen Truck has been successfully completed at Karamay Oilfield, Xinjiang, where eight paraffin-clogged wells were revived by the new Nitrogen truck."...Continue Reading
21 Aug 2016
17 Aug 2016
The strategic diesel reserves in the Egyptian General Petroleum Corporation’s (EGPC) warehouses are enough to cover the domestic market’s needs for five days; furthermore, shipments will continue to arrive to Egyptian ports regularly, corporation chairperson Tarek El-Hadidi said.
16 Aug 2016
MOSCOW, August 15. /TASS/. Russian state-owned oil company Rosneft has received 1 bln rubles ($15.6 mln) for its first ever supply of liquefied natural gas (LNG) to Egypt under the contract with Egyptian Natural Gas, the company said in a report.
"In May 2016, the company delivered its first lot of LNG under the contract with the Egyptian Natural Gas...
15 Aug 2016
Egyptian petroleum sector owns eight largest petrochemicals projects with investments worth $7.4 billion and total capacities estimated at 4.5 million tons per year.
Oil Minister Tarek El-Molla said Saturday that those projects include the petrochemicals complex of Egyptian Ethylene and Derivatives Company (Ethydco)"......Continue Reading
11 Aug 2016
Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla said on Wednesday.
Once an energy exporter, Egypt has turned into a net importer because of declining oil and gas production and increasing"...
10 Aug 2016
Momentum is building towards the 23rd World Energy Congress, due to take place in Istanbul between 9th"...Continue Reading
09 Aug 2016
Cairo: The Ministry of Petroleum has modified all the concluded contracts with foreign companies to supply petroleum products and gas shipments. Among the modifications is an increase in the period of repayment to three months from the date of"...
Cairo: The Ministry of Petroleum has modified all the concluded contracts with foreign companies to supply petroleum products and gas shipments. Among the modifications is an increase in the period of repayment to three months from the date of"...Continue Reading
07 Aug 2016
Egyptian Ministry of Petroleum will neither float shares of Cairo Oil Refining Company nor any oil firms fully owned by the government on the stock market, the ministry’s spokesman said Saturday.
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