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El Sisi ratifies Egypt-Cyprus pipeline agreement
President Abdel Fattah El Sisi ratified an agreement between Egypt and Cyprus to build a natural gas pipeline, the local…
Four companies express interest in Egypt power projects
Four companies — Hyundai, Toyota, Voigt and VINCI — have made offers to the Electricity Ministry to cooperate in building…
Mexico’s PetroBal makes oil discovery in Sinai field
Mexico’s PetroBalhas made a discovery in one of Egypt’s oldest Sinai fields, the company said in a report to the…
Italy’s Eni in talks over LNG facility in Egypt
Italy’s Eni is in talks over an LNG facility in Damietta that should begin operations “soon this year,” Reuters quoted…
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…
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