Latest in Tag: The Egyptian General Petroleum Corporation Highlight
Latest in Tag: The Egyptian General Petroleum Corporation

Egypt to launch oil exploration tender by end of 2019
Incentives in new oil agreements to encourage partners, according to industry sources

EGPC forecasted net profit fell to EGP 21.4bn in FY 2019/20, down 30%
Profit targets were set based on minimum oil, gas production, say sources

EGPC owes Electricity Ministry EGP 100bn
The Egyptian General Petroleum Corporation (EGPC)’s dues owed to the electricity sector increased to EGP 100bn last month. A governmental source told Daily News Egypt that the dues are rising, as the EGPC does not pay for the fuel fed to power plants and only pays about EGP 800m every month out of a monthly …

El-Molla looking for alternatives to Aramco’s contract to secure fuel
Petroleum Ministry refutes rumours of El-Molla visiting Tehran looking for new oil deals

International oil, gas exploration bid to be offered in 7 areas in Q1 of 2016
We target to increase oil production to 700,000 barrels per day during 2016: Official

Egypt freezes negotiations on gas imports from Israel
We support the government’s decision, says businessman Alaa Arafa