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El Molla talks bringing natgas to homes with World Bank, French Development Agency
Oil Minister Tarek El Molla yesterday met representatives from the World Bank, the French Development Agency, and the Egyptian Natural…
Energy
Gov’t revises oil price forecast to USD 70 per barrel in 2019-20 budget draft
The government has revised downwards its oil price forecast for FY2019-20 to USD 70 per barrel, down from USD 74…
Molla: great demand for Red Sea geological data
International oil companies have shown significant interest in purchasing the geological data for the Red Sea oil and gas concessions…
Dana Gas receives USD 19 mn from Egypt operations
Dana Gas received USD 19 mn from its operations in Egypt, including the EGP equivalent of USD 10 mn of…
Elsewedy-Mitsubishi consortium wins USD 550 mn EPC contract for Sharjah power plant
Elsewedy-Mitsubishi consortium awarded USD 550 mn EPC contract for Sharjah power plant: A consortium of Elsewedy Electric and Mitsubishi Hitachi…
What we’re tracking on 1 April 2019.
No April Fools here: It’s the first day of April, starting the clock on 1Q19 earnings season. The resident 11-year-old…
GASC receives five offers during rice tender
State grain buyer GASC received five offers yesterday for Indian, Chinese and Vietnamese rice during its tender, though no additional…
Seventeen solar plants at Benban connected to the national grid
Seventeen solar plants in the Benban solar power park have been connected to the national grid, said the head of…
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