PM, petroleum minister review new energy projects

Sat, 12 May 2018 - 05:30 GMT

They discussed the rates of carrying out these projects including oil and natural gas explorations in the short and long terms.

Egypt seeks to connect natural gas to 3M housing units by 2022

Sat, 28 Apr 2018 - 05:03 GMT

Egypt’s mineral resources sector seeks to connect natural gas to three million housing units in light of the medium-term sustainable development strategy.

Egypt, Japan to set up refineries complex in Suez

Sun, 11 Mar 2018 - 11:36 GMT

Petroleum Minister Tarek el-Molla discussed with Japanese company Toyota on Sunday an initial study to establish a refineries complex in Suez governorate.

Egypt achieves 800 oil, gas discoveries in 15 years

Sun, 04 Mar 2018 - 03:00 GMT

During this period, the ministry achieved 520 crude oil discoveries, according to figures from state statistics agency CAPMAS.

Egypt to boost its petrol production by 11M tons in 4 years

Tue, 06 Feb 2018 - 10:57 GMT

The Petroleum Ministry is executing 7 projects to develop and expand refineries, with LE 8.3 billion investments.

Egypt to boost its petrol production to 28.5M tons annually

Sun, 03 Dec 2017 - 02:11 GMT

Egypt’s Petroleum Ministry aims to increase its annual production of gasoline, diesel butane gas and jet fuel by 11.6 million tons in the next four years.

Crude dips, gasoline spikes as floods knock out refineries

Wed, 30 Aug 2017 - 08:40 GMT

Oil prices dipped Wednesday but gasoline spiked to its highest since mid-2015 as flooding in the wake of Hurricane Harvey knocked out quarter of U.S refineries.

Flooding knocks out U.S. refineries, crude hit by supply disruptions

Tue, 29 Aug 2017 - 08:40 GMT

Flooding from tropical storm Harvey caused ongoing large-scale U.S. refinery outages on Tuesday.

Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry

Mon, 28 Aug 2017 - 06:29 GMT

Gasoline prices hit two-year highs as massive floods caused by the storm forced refineries across the U.S. Gulf Coast to shut down.

Higher-cost crude could squeeze margins at U.S. refiners

Mon, 07 Aug 2017 - 08:05 GMT

U.S. refiners could face a continued squeeze on profit margins in the months ahead as dwindling supplies of heavy crude from Venezuela and elsewhere.

Petroleum Ministry to set up $4B petrochemical plant in Suez

Fri, 14 Jul 2017 - 09:46 GMT

Ministry of Petroleum in partnership with the Ministry of Public Business Sector will establish a petrochemical plant in Suez at a total cost exceeds $4 billion

Molla announces $8B plan to develop Egyptian refineries

Sun, 09 Jul 2017 - 01:40 GMT

Egypt imports 30-35% of its petroleum needs, Molla says.