Mineral Resources

Foreign companies to invest $4B in Egypt’s oil sector in FY 2024/2025

Wed, 24 Apr 2024 - 01:29 GMT

Egypt set a target to increase crude oil production by about 9 percent during FY2024/2025, to reach 637 thousand barrels per day up from 580 thousand barrels currently

Discussed: How Egypt’s amended law protect mineral resources

Tue, 10 May 2022 - 01:25 GMT

Egyptian law punishes licensee who extracts mineral resources from mines, quarries or Salinas that are outside the limits of his license with a fine of no less than L.E. 100,000 and not exceeding L.E. 5 million.

Egypt's profits from Sokary Gold Mine over past decade are $550M

Tue, 13 Jul 2021 - 12:09 GMT

Currently, the company is working towards the target of producing 400,000 and 430,000 gold bars by the end of 2021.

Egypt to not need liquid fuel imports by 2023: petroleum minister

Mon, 15 Mar 2021 - 11:22 GMT

Minister of Petroleum and Mineral Resources Tarek al-Mulla stated that Egypt will not need to import liquid fuel by 2023.

Ministry discloses updated Egyptian petrochemicals plan 2020-2035

Mon, 25 May 2020 - 04:06 GMT

The Ministry of Petroleum disclosed on Monday the updated version of the National Plan for Petrochemical Industries taking place between 2020 and 2035.

10 companies place bids in Egypt's gold exploration auction conducted on March 15-July 15

Tue, 19 May 2020 - 03:20 GMT

Sources told Egypt Today that 10 companies purchased the applications of the international gold exploration auction announced by Egypt earlier this year.

Sitting On A Gold Mine

Tue, 16 Jul 2019 - 11:42 GMT

On the setbacks of a 2014 bill tackling investment in gold mining, amid a recent bid by the government to amend current legislation.

Egypt chairs Arab Industrial Development and Mining Organization

Mon, 26 Nov 2018 - 10:32 GMT

President Abdel Fatah al-Sisi inaugurated the 15 Arab International Mineral Resources Conference taking place on November 26-28.

Oil minister discusses cooperation with Fluor Corporation

Wed, 19 Jul 2017 - 11:13 GMT

Minister of Petroleum Tarek El Molla held a meeting with president of Fluor’s Energy & Chemicals business in Europe, Africa and Middle East Al Collins on Wednesday.