Egypt reports first oil find in Sinai since 1956

Special to WorldTribune.com CAIRO — Egypt has reported a crude oil discovery in the Sinai Peninsula. The Egyptian Petroleum Ministry has reported an oil discovery estimated at 5.5 million barrels in southern Sinai. The ministry said Belayim Petroleum Co. began production that reached 2,270 barrels earlier this month. The discovery took place 40 kilometers south […]