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Government raises fuel prices, phasing out remaining fuel subsidies
Government raises fuel prices, phasing out remaining fuel subsidies: The government raised fuel prices by between 16% and 30% over…
Italy’s Edison to drill exploratory well in offshore Theqa concession in 4Q2019
Energean in pole position to take over Edison’s oil and gas unit: Greek energy company Energean is the frontrunner to…
Delek finishes tests on El Arish-Ashkelon pipeline setting up EMG acquisition for August
Delek Drilling has completed tests on the subsea Eastern Mediterranean Gas (EMG) pipeline linking Israel and Egypt, paving the way…
EARNINGS WATCH- Qalaa Holdings’ revenues rise 13% y-o-y in 1Q2019 to EGP 3.4 bn
EARNINGS WATCH- Qalaa Holdings revenues rise 13%, losses narrow to EGP 154.6 mn: Qalaa Holdings’ revenues rose 13% y-o-y in…
NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric
The National Bank of Greece has agreed to issue a EUR 41.7 mn loan for Elsewedy Electric, it said in…
Molla discusses joint project with Schlumberger in Egypt with company top execs
Oil Minister Tarek El Molla discussed his ministry’s joint projects with Schlumberger in the Western Desert, Gulf of Suez, and…
Israel’s export of gas into Egypt said to be delayed due to hang up in regulatory clearances
Israeli gas exports to Egypt delayed on regulatory hangups? The operators of Israel’s largest gas fields, branded as the Tamar…
Is Egypt’s fuel pricing mechanism coming into effect this month?
Is Egypt’s fuel pricing mechanism coming into effect this month? Speculation is rife in the local press that the Oil…
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