Egyptian General Petroleum Corporation
Petroleum authority feels effects of credit downgrade
Business
February 13, 2013
Petroleum authority feels effects of credit downgrade
The General Petroleum Corporation will likely have trouble seeking loans following an international credit rating agency's decision to downgrade…
Diesel fuel shortage enters fourth week
Egypt
February 1, 2013
Diesel fuel shortage enters fourth week
Cars queued up at gas stations on Friday for the fourth consecutive week as the diesel gas shortage continues. The…
Egypt issues diesel tender to meet fuel gap
Egypt
December 19, 2012
Egypt issues diesel tender to meet fuel gap
The Egyptian General Petroleum Corporation issued on Wednesday a tender requesting 450,000 tons of diesel per month from January until…
Petroleum minister: Sukari gold mine problem resolved
Business
December 13, 2012
Petroleum minister: Sukari gold mine problem resolved
Petroleum Minister Osama Kamal has said that the dispute between the Egyptian General Petroleum Corporation and Centamin, the company that…
Egypt holds crude oil tender for first quarter 2013
Business
December 5, 2012
Egypt holds crude oil tender for first quarter 2013
The Egyptian General Petroleum Corporation launched a tender for the purchase of 6 million barrels of oil, or 2 million…
Oil exports increased by 8.9% to pay off debts
Business
August 14, 2012
Oil exports increased by 8.9% to pay off debts
Sources within the Petroleum Ministry said Monday that the ministry has increased exports of liquefied natural gas through the Damietta…
Authorities increase oil supply to meet summer demand
Egypt
July 3, 2012
Authorities increase oil supply to meet summer demand
The Egyptian General Petroleum Corporation is preparing for an increase in demand for oil during the summer months. EGPC head…
Is the govt covering up the cause of the fuel shortage?
Business
July 1, 2012
Is the govt covering up the cause of the fuel shortage?
Egypt has been in the grips of an on-again, off-again fuel shortage for over a year now, with massive lines…
Finance Ministry transfers US$200 million to petroleum corporation
Business
June 12, 2012
Finance Ministry transfers US$200 million to petroleum corporation
The Finance Ministry on Tuesday transferred US$200 million to the Egyptian General Petroleum Corporation to finance the import of petroleum products,…
Petroleum Ministry denies responsibility for fuel shortage
Egypt
June 4, 2012
Petroleum Ministry denies responsibility for fuel shortage
The Petroleum Ministry again denied responsibility for the ongoing fuel crisis on Monday.