EGPC

EGPC, Kuwait’s Energy signs partnership agreement on natural gas field in Iraq
Business

EGPC, Kuwait’s Energy signs partnership agreement on natural gas field in Iraq

Egyptian General Petroleum Corporation (EGPC) has signed partnership agreement with Kuwait Energy oil company on the Siba natural gas field,…
EGPC negotiating to delay dollar payments owed to banks
Business

EGPC negotiating to delay dollar payments owed to banks

Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank in November and is…
Minister: Egypt state oil company signs deal to help develop Iraqi fields
Business

Minister: Egypt state oil company signs deal to help develop Iraqi fields

Egypt's state oil company signed an agreement to join Kuwait Energy in developing an oil field in southern Iraq, the…
EGPC to start negotiations over paying part of foreign petroleum companies’ dues
Business

EGPC to start negotiations over paying part of foreign petroleum companies’ dues

Egyptian General Petroleum Company (EGPC) is in negotiations with several international banks to receive a US$1.5 billion loan to pay…
Gulf Arabs free fuel for Egypt reaches $6 billion in value
Business

Gulf Arabs free fuel for Egypt reaches $6 billion in value

Gulf oil producers have given Egypt a free fuel lifeling totalling $6 billion in value to help fend off unrest…
Mansour approves 8 new petroleum agreements, with US$1.2 billion investment
Business

Mansour approves 8 new petroleum agreements, with US$1.2 billion investment

Interim President Adly Mansour issued decrees approving eight new oil agreements to search for oil and gas with investments of…
Seven new oil agreements with U$1.2 billion investments
Business

Seven new oil agreements with U$1.2 billion investments

The Cabinet approved seven new oil agreements to explore for oil and gas.
Egypt’s debts to foreign oil companies reach US$6.2 billion: minister
Business

Egypt’s debts to foreign oil companies reach US$6.2 billion: minister

Minister of Petroleum and Mineral Resources Sherif Ismail has announced that Egypt's debts to foreign companies reached US$6.2 billion by…
Sources: curfew delays fuel supply to stations
Business

Sources: curfew delays fuel supply to stations

Despite the availability of oil and diesel surplus, long curfew hours have been delaying the delivery of supplies to oil…
Egypt could turn $5.4-billion petroleum debts into bonds
Business

Egypt could turn $5.4-billion petroleum debts into bonds

The Egyptian General Petroleum Corporation (EGPC) is looking into proposals that would convert debt owed to foreign oil companies operating…
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