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FINANCIAL NEWS
Egypt oil and gas production unaffected by crisis
16 Aug 2013
(MENAFN) The uprising in Egypt did not affect oil and gas production by companies despite some closing their offices for a few days, Arab News reported.
A BP spokesman said: “Operations and production are unaffected. We are monitoring the security situation in the (urban) areas where we have offices. All our people are safe and accounted for.”
About 728,000 barrels of oil per day, 0.9 percent of total global production, are produced in the North African country . 1.8 percent of the globe’s supply of gas rests in Egypt with 60.9 billion cubic meters.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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