Shell, BP to begin Egyptian gas field operations in 2026 Egypt's Natural Gas Holding Company (EGAS), affiliated with the Egyptian... Businessmen Team 17 Dec 2024 According to an anonymous official, the Pharaonic Petroleum Company, operating on behalf of Shell,...
EGAS, New Fortress Energy sign agreement for FSRU lease The Egyptian Natural Gas Holding Company (EGAS) has signed an... Businessmen Team 08 Dec 2024 The FSRU will play a crucial role in enhancing Egypt's energy infrastructure by receiving, storing,...
Egypt, Jordan partner to secure natural gas supplies Egypt and Jordan have signed an agreement to utilize Egypt's... Businessmen Team 03 Dec 2024 In a parallel move, the two countries are considering contracting with a global company to build a...
Saudi Arabia to build LNG tanker fleet Saudi Arabian shipping company El Bahari is set to expand... Businessmen Team 20 Sep 2024 El Bahari CEO Ahmed Ali Al-Subaey revealed plans to build between 20 and 30 new gas carriers throug...
Egypt, Cyprus seek energy synergy with gas field connection Bloomberg has reported that Egypt and Cyprus are planning to... Businessmen Team 08 Sep 2024 The Cypriot Aphrodite field holds an estimated 3.6 trillion cubic feet of gas and is located in Blo...
European gas prices surge; competitors for Egyptian supplies Natural gas prices in Europe have risen, in light of... Businessmen Team 07 Sep 2024 Egypt's gas purchases have raised concerns among traders about Europe's supply balance, as rising d...
Egypt expects electricity price hike to save 30 billion pounds Egypt anticipates that the recent increase in electricity prices will... Businessmen Team 25 Aug 2024 The official's statements to Al-Shorouk come after the government raised electricity prices last we...
Egypt, Eni to build gasification unit in Damietta The Egyptian government has reached an agreement with the Italian... Businessmen Team 12 Aug 2024 The unit will be constructed on land neighboring the Damietta liquefaction plant, a joint venture b...