Reports of unpaid bills and friction with foreign oil and gas companies are once again dogging Egypt’s petroleum authorities. Privately owned Al Watan newspaper reported Wednesday that, according to an…
BP announced the discovery of a gas field off the coast of the Mediterranean Sea in Egypt’s Damietta governorate
The British Petroleum (BP) Company issued a press release on Tuesday announcing their drilling of a new offshore gas well in the…
After stalling for more than three years due to political instability and security concerns, British-based oil and gas company BP intends to…
Minister of Petroleum Sherif Ismail announced a rescheduling of loans owed by the government to international oil companies (IOCs), in cooperation with…
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