Egyptian General Petroleum Corp (EGPC) bought up to 483,000 tonnes of gasoil for delivery in February, trade sources said.
Egypt's large monthly purchase is expected to support gasoil margins in Asia and th
Kuwait Energy, an independent oil and gas company, and its partner the Egyptian General Petroleum Corporation (EGPC), have announced the discovery of hydrocarbons on the East Ras Qattara development lease in Egypt.
Egypt's state oil company Egyptian General Petroleum Corporation (EGPC) will buy 65 per cent of its oil product import needs from the UAE’s Adnoc for one year after the government approved the deal on Wednesday.
Egypt's General Petroleum Corporation (EGPC) and Natural Gas Holding Company (EGAS) announced on Monday an international auction for 22 concessions for oil and gas exploration in accordance with production-sharing agreements.
Egypt will begin repaying the more than $6 billion it owes to foreign oil companies within two months, the chairman of state-run Egyptian General Petroleum Corporation (EGPC) said on Monday.
"By hook or crook we will get them
Egypt has appointed Tarek El Molla as chairman of state-run Egyptian General Petroleum Corp (EGPC), the oil ministry said, a move that is likely to encourage foreign oil companies operating there.
Kuwait Energy, a major oil and gas exploration and production firm, has announced a production increase at its East Ras Qattara (ERQ) Concession in Egypt, in which it holds a 49.5 per cent interest.
The announcement was made with
The results of an oil and gas bid round launched in September 2011 by state-owned Egyptian General Petroleum Corporation (EGPC) will be announced soon, almost seven months since the closing date, an EGPC official said on Tuesda