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Egypt Oil & Gas 08/08/2019 07:13
The Moroccan-Nigerian gas pipeline committee held a meeting with major international oil and gas companies operating in Nigeria to discuss the conditions and details of supplying the gas pipeline project, Asharq Al-Awsat reported. The meeting discussed the implementation of the project, which aims at connecting 15 West African countries to the gas continental network, and […]
Egypt Oil & Gas 08/08/2019 04:19
Abu Dhabi National Oil Company (ADNOC) announced that it has acquired a 10% stake in VTTI, a global energy storage terminal owner and operator, as part of its transformation vision to become a more integrated global energy player. The investment will allow ADNOC to secure storage in global export markets and at the port of […]
Egypt Oil & Gas 08/07/2019 06:28
Rashid Petroleum Company (Rashpetco) has prepared a pioneering safety brochure for logistics services in the petroleum sector, to identify and manage risks associated with land, maritime, and air transport, according to Al-Shorouk. The brochure is the first of its kind in the Egyptian petroleum sector, and it seeks to form a detailed reference case study that […]
Egypt Oil & Gas 08/07/2019 05:00
Jordan’s Minister of Energy and Mineral Resources Hala Zawati and US Assistant Secretary of State for Energy Resources Francis Fannon discussed bilateral cooperation in the energy sector, Jordon Times reported. During the meeting, Zawati discussed the sector’s developments in the Hashemite Kingdom, noting that 99% of the Jordanian population is covered by the national power grid. She […]
Egypt Oil & Gas 08/07/2019 04:21
Recently increased electricity prices have led to a decrease in consumption by around 3% to 4%, sources in the Ministry of Electricity reportedly told Amwal Al-Ghad. Households account for the biggest share in consumption across the country, nearing 39%, followed by the industrial sector with around 30%, in light of the expanding industrial projects and development investments. […]
Egypt Oil & Gas 08/07/2019 03:30
Emirates National Oil Company (ENOC) announced that it has launched "NEXT", which is an accelerator program designed to unlock growth opportunities and tackle challenges in the energy sector through building new digital ventures for business-to-business (B2B) and consumer (B2C) categories, Emirates News Agency (WAM) reported.
Egypt Oil & Gas 08/06/2019 09:31
The Ministry of Electricity has installed around 1.1 million prepaid meters across Egypt this year, Amwal Al-Ghad reported. More than 700,000 prepaid meters have been installed during the first four months of the year, bringing the total number of prepaid meters to 7.6 million, and then another 400,000 locally-manufactured meters were installed between April and the end […]
Egypt Oil & Gas 08/06/2019 09:02
The National Renewable Energy Authority (NREA) will announce next month a tender to establish a 20-megawatt (MW) solar power plant in Hurghada, a government official reportedly told Al-Borsa. The power plant will use photovoltaic (PV) cells with a generation capacity of 20 MW and will be the first in Egypt to use an energy storage battery system […]
Egypt Oil & Gas 08/06/2019 07:34
North Delta Electricity Distribution Company (NDECO) has allocated EGP 79.9 million to replace overhead power transmission lines, passing over residential areas, with underground cables, Amwal Al-Ghad reported. NDECO projects were discussed during a meeting between the Minister of Electricity, Mohamed Shaker and the company’s Managing Director, Mohamed Assal, to follow up on the company’s achievements and projects across the country […]
Egypt Oil & Gas 08/06/2019 05:34
Genel Energy has expressed its confidence that construction of the Bina Bawi gas project in the Kurdistan Region of Iraq (KRI) will begin next year, after discussing terms with the Kurdistan Regional Government (KRG), Reuters reported. The company’s CEO Bill Higgs clarified that commercial terms could be reached as late as April for work on the ground […]
Egypt Oil & Gas 08/06/2019 05:07
The Egyptian government is planning to double the number of crude oil hedging contracts for fiscal year (FY) 2019/20, two government officials reportedly told Enterprise. The government is set to renew two hedging contracts with two international banks, in addition to signing five new agreements to ensure the highest degree of risk avoidance, by reviewing different […]
Egypt Oil & Gas 08/06/2019 03:48
Sahara International Petrochemical Company (Sipchem) announced that it has safely completed the periodic maintenance activities for the Acetic Acid Plant of the International Acetate Company (IAC), an affiliate of Sipchem, Mubasher reported. The maintenance activities commenced on August 3 in order to enhance the reliability of production facilities and achieve the company’s future operational plans. This financial […]
Egypt Oil & Gas 08/05/2019 09:23
The Ministry of Electricity and Renewable Energy has launched a training program on “Policy, Financing, and Implementation of Energy Projects” in cooperation with the Egyptian Electricity Holding Company (EEHC), Al-Mal reported. The program, which is the first of its kind, is part of efforts to increase cooperation within the Common Market for Eastern and Southern Africa (COMESA) during the Egyptian […]
Egypt Oil & Gas 08/05/2019 06:52
The General Trade Union for Petroleum Workers (GTUPW) has launched a mobile application that is the first of its kind among unions in Egypt, according to Nashwa El Sherif, GTUPW’s Media Center Deputy Chair, El Watan newspaper reported. The application follows the petroleum sector updates, as well as state and national news, El Sherif added, […]

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