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Bapetco made eight discoveries in Egypt last fiscal year
Shell-EGPC JV Badr El-Din Petroleum Company (Bapetco) made eight new discoveries in its Egypt concessions in FY2019-2020 with confirmed oil…
House gives final nod for tougher penalties in Electricity Act, Eminent Domain Act
MEGA LEGISLATION WATCH- House gives final approval to new Customs Act, paving the way for expedited clearance: The House of…
Egypt renews six-month Iraqi crude oil import agreement
Egypt has renewed an agreement with Iraq to import 12 mn bbl of crude oil over a six-month period, Oil…
Gov’t to convert 50k cars to run on natural gas this fiscal year
The Oil Ministry plans to convert some 50k cars to run on LNG during FY2020-21, a cabinet statement said. Minister…
Pipeline accident, Egyptian military intervention in Libya top stories on talk shows
It was a mixed bag on the airwaves last night: Yesterday’s pipeline explosion understandably attracted the most attention, but we…
Egypt discovers gold deposit in the Eastern Desert
A gold deposit estimated to hold over 1 mn ounces was discovered in the Eastern Desert’s Iqat region, the Oil…
EMRA extends int’l gold and mineral exploration bid round by 2 months
EMRA extends int’l gold and mineral exploration bid round by 2 months: The Egyptian General Authority for Mineral Resources (EMRA)…
Maait signals austerity measures if covid-19 crisis persists
BUDGET WATCH- Austerity measures in the cards if crisis continues into FY2020-2021 -Maait: The government could cut back on spending…
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