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RWE Dea Starts Gas Production in Disouq Development Project
8/26/2014 - RWE Dea achieved first production from the Central Treatment Plant (CTP) of the Disouq Development Project in Egypt. Production commenced at an initial rate of 45 million standard cubic feet gas per d...Full Story

Eni Starts Production at DEKA Project in Egypt
8/21/2014 - Eni, through its affiliate Ieoc Production BV and in joint venture with BP Egypt, started production from the DEKA project (Denis-Karawan) through the new subsea well Denise South 6 at a gas rate of 1...Full Story

Israel Nears Gas Sales to Egypt
8/21/2014 - In the midst of some of the worst Middle East tensions in a decade, one-time enemies Egypt and Israel are negotiating deals that may mean the sale of $60 billion in Israeli natural gas to liquefaction...Full Story

Sea Dragon Farm out Agreement for South Disouq
8/18/2014 - Sea Dragon Energy Inc., an oil & gas exploration and production company with assets in Egypt, is pleased to announce it has entered into an agreement with IPR Energy Resources, Ltd to farm-out a 45% p...Full Story

Finance Ministry Seeks US$10.4 Billion Loan from IMF
8/17/2014 - An informed governmental source said Finance Minister Hani Qadri Demian will try to convince the Cabinet to resume negotiations with the International Monetary Fund starting next year in order to redu...Full Story

Egypt Threatens DP World with Port Project Withdrawal
8/12/2014 - The government has threatened to withdraw a contract granting DP World the right to run a containers depot at Ain Sokhna port due to the company's failure to implement investments stated in its contra...Full Story

$1bln to Increase The Capacity of Midor Refinery
8/10/2014 - Engineer Sherif Ismail, Minister of Petroleum and Mineral Resources, laid the foundation stone for the Midor expansions to increase operational capacity of the plant from 100 to 160 thousand barrels p...Full Story

Monthly Inflation Rate Highest since 2008
8/10/2014 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the monthly rate of inflation in July reached 3.3 percent, compared to June. ...Full Story

Dana Gas Recover Overdue Egypt Payments by 2018
8/6/2014 - UAE energy firm Dana Gas expects to recover the vast majority of overdue payments which the Egyptian government owes it by 2018, group chief executive Patrick Allman-Ward said. ...Full Story

Mashreq To Build First Refueling Station on Suez Canal
8/6/2014 - Egyptian joint-stock company Mashreq Petroleum Company is set to implement the first refueling station for ships on the Suez Canal Axis. With an investment of $500 million, the station is expected to ...Full Story

Egypt Committed to Supplying Jordan with Natural Gas
8/3/2014 - Egypt will continue to supply Jordan with natural gas, despite an energy shortfall in the Arab country, Egyptian Ambassador in Amman Khaled Tharwat said Tuesday. ...Full Story

BG Group Profits Rise but Egypt Woes Weigh
7/31/2014 - BG Group reported a rise in profits driven by stronger gas prices and sales but warned of dipping production later this year and risks to its operations in Egypt. ...Full Story

Egypt to Buy 102,000 Tons of Diesel Fuel in September
7/31/2014 - The General Authority for Supply Commodities plans to purchase 102,000 tons of diesel fuel to be delivered in September. ...Full Story


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