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Egas issues tender for LNG cargoes
The Egyptian Natural Gas Holding Co (Egas) has issued a tender for three LNG cargoes for loading from the Idku…
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Gupco to increase investments in Ras Shuqair
The Gulf of Suez Petroleum Company (Gupco) is planning to invest USD 1.2 bn over the next two years on…
Damietta liquefaction plant to reopen in 3Q2019?
Deja vu: Damietta LNG plant to reopen in 3Q2019? The Damietta liquefaction plant will reopen by the end of 3Q2019…
Gold is up, but so is economic performance
Business news dominated the airwaves last night: Gold prices have soared to unprecedented levels in recent weeks: 21 carat gold…
Egypt in talks with Huawei to transition to a smart grid
Electricity Minister Mohamed Shaker met yesterday with Huawei’s regional corporate head, Michael Li, to discuss the ministry’s plans to transition…
Shell to drill Montu well at West Delta concession this month
Shell is set to begin drilling at the Montu well in its West Delta deep marine concession in the Mediterranean…
BP to drill new wells in Atoll, Katameya fields in Nile Delta
BP is preparing to drill two new wells in the Atoll and Katameya natural gas fields in its North Damietta…
Egypt’s energy sector attracts EGP 1 tn investments
Energy news led the discussion on the airwaves on an otherwise uneventful night: The petroleum sector has seen EGP 1…
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