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6th April 2021
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...
18th November 2020
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...
25th September 2020
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...