Latest in Tag: petroleum ministry Highlight
Latest in Tag: petroleum ministry
Petroleum Ministry plans to implement 11 gas projects worth $17.5bn until 2023
We aim to produce 1.9 bcf per day, and 50,000 barrels of condensates: Petroleum Minister
Petroleum Ministry to offer oil exploration bid in Q1 2018
The Ministry of Petroleum and Mineral Resources intends to put forward a global bid to explore the oil resources of the Red Sea in the first quarter of 2018, in light of the results of 2D and 3D seismic surveys currently being conducted in the Red Sea. According to ministry sources, companies currently conducting surveys …
Petroleum Ministry develops new refineries to meet market needs
SOPC’s production value reached about EGP 1.9bn, an increase of 28%
Petroleum Ministry to re-draft contracting forms by end of 2018
The petroleum committee met foreign partners to discuss their suggestions for amendments
Petroleum Ministry to dispense with one of Ain Sokhna’s gasification ships by 2018
New gas discoveries contributed to reducing gas imports, says El Molla
Electricity Ministry will pay EGP 700m of fuel arrears to Petroleum Ministry next week
We aim to increase monthly amounts to EGP 1bn, says official
Electricity Ministry covers EGP 21.2bn of its debts to Petroleum Ministry
President meets with Shaker, follows up on projects’ implementation
Prime Minister calls on Petroleum Ministry to swiftly complete oil, gas development projects
Gas self-sufficiency to be achieved by end of 2019, says prime minister
Petroleum Ministry asks for $270m per month for gas imports
Cancelation of third gasification vessel tender saved $120m per month, says source
Petroleum Ministry implements 11 development projects with investments of $17.5bn
The government is also speeding up gas expedition programmes
Petroleum Ministry’s dues to Shell increase to $1.35bn from Borollos, Rashid gas returns
The Ministry of Petroleum did not fulfill its promise to repay part of its dues to Shell during 2016, says source
Petroleum Ministry to announce winning companies of exploration tender in 11 areas
Shell and Apache applied to acquire sectors in the western desert, says source
Electricity Ministry to repay EGP 800m for fuel to Petroleum Ministry next week
The government raised prices of imported fuel for power plants to EGP 2,500 per tonne, while natural gas reached $3 per million BTUs
Petroleum Ministry to pose fuel tender as alternative to Aramco contract in December
Talks with Saudi Arabia are ongoing to discuss Aramco’s position on the 700,000-tonne monthly shipments contract
Joint projects with Iraq in oil, drilling activities under study: Petroleum Ministry
The minister is currently visiting Iraq, discussed potential partnership with Iraqi prime minister
Petroleum Ministry’s dues to foreign companies reach $3.6bn
We seek to repay part of the dues before the end of 2016, says source
Petroleum Ministry was not officially notified about not being supplied October shipments: Tarek El Molla
The ministry proposed a tender to secure the needs of the market in case the Saudi shipments did not arrive
Petroleum Ministry’s dues to Shell increase to $1.3bn from Borollos, Rashid gas returns
Shell postponed the implementation of the 9B stage until the ministry commits to repaying outstanding debts, says source
Petroleum Ministry to rerun ADCO and Damietta liquefaction factories by 2020/2021: minister
The ministry agreed with Shell to adjust the 9B gas prices and export 125m cubic feet dailyÂ
Power plants’ gas consumption rises to 3.4bn cubic feet a day: Petroleum Ministry
The ministry provides about 30,000 tonnes of fuel oil and 4,000 tonnes of diesel to run the plants
Egypt LNG arbitration continues despite claims by Petroleum Ministry and Egyptian media
Egypt is still mired in an expensive and time consuming arbitration with UFG for providing natural gas to the domestic market.
Shell, Apache agree with Petroleum Ministry to price gas from Apollonia field at $4.6/1m units
Apache completed drilling two horizontal wells in limestone layers in Western Desert: source
Petroleum Ministry’s submarine awaits arrival of French ship to locate black box
The navy expanded its search area to 80 sqkm in the Mediterranean, says source
Shell, BG to receive part of $3.2bn dues in June
The debt is promised to be fully repaid by the end of 2016, says petroleum minister
EGP 9.2bn in urgent funds approved to improve public services: Finance Ministry
Ministry of Finance allocates EGP 223m to the Ministry of Petroleum to pay EGAS’ dues for delivering natural gas to homes, says first deputy finance minister
Petroleum Ministry withdraws from IPOs for petrochemical projects
New petrochemical projects are in need of large investments and as such, IPO will not be insufficient to cover their costs. ECHEM has begun negotiations with a number of countries to finance those projects
Petroleum Ministry signs agreement with Eni for establishment of Petro Shorouk Company next week
Petrobel to carry out search and development operations on behalf of company: Official
Fall of Brent price pushes Petroleum Ministry to halt tender for new oil exploration
The price of Brent on international markets recorded $34.4 on Wednesday and reached a maximum of $45 in November.
Petroleum Ministry agrees with Eni to produce 1bcf from Zohr by 2017
Edison completes seismic studies for its concession area in December
Petroleum Ministry requests additional EGP 500m per month from Electricity Ministry for fuel
Ministry of Electricity debts increased to EGP 76bn, saysfficial