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Latest Egypt Oil & Gas News

  • Few options available in bid to lower power prices 7 Oct 2008 01:52 GMT
    ... the Comesa bloc, Kenya’s two major competitors Egypt and South Africa pay minimal electricity charges ... on the rise in the price of oil in the global market . Electricity prices have more ... it had not been gazetted. While world oil prices have been on an upward trend between ...

  • Apache expectations cut due to storm disruptions 7 Oct 2008 01:50 GMT
    ... The oil and gas exploration company took a hit from hurricanes ... due partly to increased volumes out of Egypt and Australia. Shares of Apache fell $4.02, ...

  • Saudi clerics and the threat to economic progress 7 Oct 2008 00:29 GMT
    ... faced a storm of ridicule and an Egyptian female cleric reacted by calling for an ... Arabia has enjoyed the benefits of a oil boom, its biggest challenge has been to strengthen ... institutions that will sustain economic growth when oil prices decline again. Having watched much smaller neighbours ...

  • UK-based company announces Egypt oil, gas discovery 7 Oct 2008 00:25 GMT
    ... UK-based company announces Egypt oil, gas discovery CAIRO: A United Kingdom-based oil and gas company, Circle, announced on Friday that ...

  • Dubai plans to build 1km high tower 6 Oct 2008 21:32 GMT
    ... at a time of tightening credit, falling oil prices and stock markets and a sense that ... in Spain, the harbour of Alexandria in Egypt, the promenade of Tangier in Morocco, and ... are over-ambitious, that we are stretching our reserves, that there will be a crash. There ...

  • Dubai shrugs off global woes with tower topping 1km 6 Oct 2008 21:31 GMT
    ... at a time of tightening credit, falling oil prices and sharemarkets, and a sense the Gulf ... in Spain, the harbour of Alexandria in Egypt, the promenade of Tangier in Morocco, and ... are overambitious, that we are stretching our reserves, that there will be a crash. There ...

  • Preparation of Eurogroup and Economic and Finance Ministers Council 6 Oct 2008 21:19 GMT
    ... pay. In the context of the financial turmoil, a key issue is whether incentives in remuneration structures ... and the appropriate policy responses to high oil prices on the basis of a report by ... Youssef Boutros Ghali, Minister of Finance of Egypt. For background on Euro-Mediterranean relations see : ...

  • Egyptian FM Pays Key Visit to Iraq 6 Oct 2008 21:07 GMT
    ... Egyptian FM Pays Key Visit to Iraq Egypt's ... Baghdad on Sunday accompanied by the Egyptian Oil Minister, Samih Fahmi. Fahmi met with his Iraqi ... C2008. The Media Line Ltd. All Rights Reserved. Egyptian FM Pays Key Visit to Iraq ...

  • Let's not consign the United States to the dustbin 6 Oct 2008 19:31 GMT
    ... from Iraq, Washington's main Arab allies - Egypt, Saudi Arabia, Jordan, the Gulf states - ... on petro-wealth that could dry up if oil prices keep dropping back to saner levels. China ...

  • Preparation of Eurogroup and Economic and Finance Ministers Council, Luxembourg, 6 and 7 October 2008 6 Oct 2008 18:55 GMT
    ... pay. In the context of the financial turmoil, a key issue is whether incentives in remuneration structures ... and the appropriate policy responses to high oil prices on the basis of a report by ... Youssef Boutros Ghali, Minister of Finance of Egypt. For background on Euro-Mediterranean relations see : ...

  • East Africa: Why Kenya And Ethiopia Ought to Annex And Divide Somalia [opinion] 6 Oct 2008 18:49 GMT
    ... tourism to compete with, if not outpace, Egypt and South Africa. But we cannot do ... is known to have huge deposits of oil, natural gas, uranium and iron ore. Immediately after the ...

  • Toyota Tsusho wins drilling contract for Egyptian gas field 6 Oct 2008 16:55 GMT
    ... Toyota Tsusho wins drilling contract for Egyptian gas field Nagoya (ANTARA News/Asia Pulse) - Toyota ... Natural Gas Holding Co. and Ganoub El-Wadi Petroleum Holding Co. contributing 35 per cent and ...

  • Egyptian foreign minister makes surprise visit to Iraq 6 Oct 2008 15:56 GMT
    ... Egyptian foreign minister makes surprise visit to Iraq ... those accompanying Abul Gheit was Minister of Petroleum Sameh Fahmy. Both ministers are to meet ... accepted an invitation to visit Iraq. But oil powerhouse Saudi Arabia has said it was ...

  • Report: Egypt's daily oil output reaches 700,000 barrels 6 Oct 2008 10:19 GMT
    ... Egypt has increased its oil output by 55,000 barrels per day (bpd), ... in a report of the Egyptian General Petroleum Corporation (EGPC) presented to Petroleum Minister Sameh ...

  • Spokesman: FM's visit to Iraq highlights Egyptian interest 6 Oct 2008 09:24 GMT
    ... Egyptian Foreign Minister Ahmed Abul Gheit's visit to ... official Iraqi television, Abul Gheit and Egyptian Petroleum Minister Sameh Fahmi arrived in Baghdad on ...


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