Petroleum Minister

Molla: Egypt a model gate for Africa, ME markets
Egypt

Molla: Egypt a model gate for Africa, ME markets

Minister of Oil and Mineral Wealth Tarek al-Molla asserted that Egypt is an open market and a model gate for…
Fuel prices in Egypt have reached a cap and will not increase
Egypt

Fuel prices in Egypt have reached a cap and will not increase

Fuel prices will not rise in Egypt in Egypt, even if international prices rise more than this ratio, according to…
Egypt will soon be one of world’s top ten gas exporters: Bloomberg
Egypt

Egypt will soon be one of world’s top ten gas exporters: Bloomberg

Egypt is on its way to becoming one of the world’s top ten natural gas exporters, Bloomberg news agency reported.…
Sisi inaugurates Egyptian Refinery Project in Mostorod
Egypt

Sisi inaugurates Egyptian Refinery Project in Mostorod

President Abdel Fattah al-Sisi on Sunday inaugurated the Egyptian Refinery Project in the Mostorod region, which comes under the Ministry…
EGAS plans to drill 10 wells in Delta, Mediterranean at $US 328 mn
Economy

EGAS plans to drill 10 wells in Delta, Mediterranean at $US 328 mn

Egypt’s EGAS has plans to drill 10 wells in the Nile Delta and the Mediterranean, with investments totaling $US 328…
Project delivering natural gas to homes in Upper Egypt to launch in March
Egypt

Project delivering natural gas to homes in Upper Egypt to launch in March

South Valley, a construction company in Egypt, will launch next month a project to deliver natural gas to homes in…
Egypt establishes first integrated fuel, electric car charging station in Port Said
Egypt

Egypt establishes first integrated fuel, electric car charging station in Port Said

Minister of Petroleum and Mineral Resources Tarek al-Molla, Sports and Youth Minister Ashraf Sobhy, Port Said Governor Adel al-Ghadban, and…
Egypt to begin gas imports from Israel by mid-January 2020
Egypt

Egypt to begin gas imports from Israel by mid-January 2020

CAIRO/JERUSALEM (Reuters) – Egypt will begin importing natural gas from Israel by mid-January 2020, Israeli Energy Minister Yuval Steinitz told…
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
Business

Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister

CAIRO, Dec 8 (Reuters) – Egypt’s spending on fuel subsidies dropped by about 69 percent year on year to 7.25…
International oil companies to increase investments in Egypt: minister
Business

International oil companies to increase investments in Egypt: minister

The keenness of major international oil companies to pump more investments into the Egyptian oil market is strong evidence of…
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