Household gas prices increasing The government has announced an increase in natural gas prices... Businessmen Team 04 Nov 2024 These new rates will be reflected in gas bills starting this month. According to the new prices, th...
Eni to expand Zohr field activities in early 2025 Francesco Gattei, the Chief Financial Officer of Eni, an Italian... Businessmen Team 26 Oct 2024 The Zohr field is a joint venture between Eni, BP, Rosneft, and Mubadala Petroleum, in addition to...
Egypt, Greece partner to expand gas trade in Europe Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, witnessed... Businessmen Team 14 Oct 2024 This agreement is a direct result of a meeting between President Abdel Fattah El-Sisi and the head...
Exxon Mobil targets Western Med gas exploration During his current visit to the United Kingdom, Engineer Karim... Businessmen Team 03 Oct 2024 The two sides discussed new investment opportunities in Egypt's petroleum sector for the global com...
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...
BP invests $200M to boost Raven Field gas production Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, met... Businessmen Team 14 Sep 2024 During the meeting, Engineer Karim Badawy was briefed on BP's upcoming work program in Egypt. The...
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...
Kuwait to secure 15-year LNG supply for growing demand Kuwait is intensifying negotiations to secure additional liquefied natural gas... Businessmen Team 21 Aug 2024 Recent power outages due to gas supply disruptions have highlighted the country's urgent need for a...
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...
Apex American Petroleum to boost investments in Egypt Engineer Karim Badawy, Minister of Petroleum and Mineral Wealth, discussed... Businessmen Team 29 Jul 2024 During the meeting, Badawi emphasized that boosting domestic production of essential commodities is...
