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BP begins drilling exploratory gas well in North El Tabia
BP began drilling yesterday its Atoll Nooros exploratory gas well in its North El Tabia block in the Mediterranean, Al…
Global markets suffer worst day’s trading since the 2008 crash
Global markets suffer worst day’s trading since the 2008 crash: US and European stock markets saw their worst single-day losses…
Four bidders for Shell's onshore assets in Egypt
More companies declare bids for Shell's onshore assets in Egypt: US oil and gas producers Apache and Apex International Energy,…
What we’re tracking on 9 March 2020
It’s shaping up to be an ugly day. Covid-19 infections continue their slow-burn spread in Egypt and global markets are…
Pharos Energy confirms interest in Shell’s Egypt assets
Pharos Energy has confirmed its interest in purchasing Shell’s onshore oil and gas assets in Egypt’s Western Desert as part…
Egyptian Commodity Exchange set up with EGP 100 mn in capital
The company that will manage the Egyptian Commodity Exchange is now officially a thing: The company tasked with managing the…
ALC is advising ITDA on company that will manage Egypt’s commodity exchange
Our friends at ALC Alieldean Weshahi & Partners are advising the Supply Ministry’s Internal Trade Development Authority (ITDA) on the…
Egypt to produce 9.5 mn tonnes of wheat this season
Egypt is looking to produce 9.5 mn tonnes of wheat this season, with 3.5 mn allocated for subsidized bread, Agriculture…
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