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Egypt: Pharos Energy Receives Nod for Amendment of El-Fayum Concession Terms

Pharos Energy has received provisional approval from the Egyptian General Petroleum Corporation's (EGPC) Main Board to an amendment of the fiscal terms of its El-Fayum Concession, subject to the approval...
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Egypt to Build 400 Gas Service Stations Over the Next 2 Years

Egypt announces plans to build 400 gas service stations in all part of the countries as part of the implementation of its "Autogas" program. The objective is to run the...
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Egypt Surpasses Daily Crude Production Rate for the First Time in Almost 7 Decades

Egypt recently announced that it has exceeded its production rate of 650,000 barrels of oil per day (bopd) for the first time since the late 1950s. Atef Hassa, Head of...
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