PM Madbouly instructs ministers to begin repayment of Petroleum Ministry's arrears by next week

Tue, 28 May 2024 - 11:49 GMT

The repayment schedule will follow a prearranged agreement between the government and its international partners

Egypt may stop power cuts mid-May after arrival of 2 gas shipments: source

Wed, 24 Apr 2024 - 02:34 GMT

That is in tandem with the suspension of gas exports.

Egyptian Petroleum Ministry comments on decline in production of giant gas field 'Zohr'

Mon, 22 Apr 2024 - 09:56 GMT

Its reserves were estimated at 30 trillion cubic feet, which made it the biggest gas field in the Mediterranean.

Midor refinery's expansion project enhances Egypt's economy by $2.7B

Thu, 07 Mar 2024 - 05:43 GMT

El Molla further disclosed that the project aims to boost the production of petroleum products by augmenting the current refining capacity from 100,000 to 160,000 barrels per day.

With $125M investment… Egypt places 1st well of 'North Safa' field on production map

Mon, 01 Jan 2024 - 05:00 GMT

The first phase of early production in the 'North Safa' field was executed by an Egyptian consortium, comprising "Eni, Petrojet, and Marine Petroleum Services."

Egypt's petroleum sector aims to drill 110 exploratory gas wells until 2030

Mon, 09 Oct 2023 - 11:13 GMT

In the research and exploration plan until 2030, the petroleum sector aims to drill 110 exploratory gas wells with investments amounting to about 4.8 billion dollars.

Egypt talks with Eni, BP to enhance investment opportunities

Tue, 03 Oct 2023 - 12:54 GMT

Minister of Petroleum and Mineral Resources, Engineer Tarek El Molla, held discussion sessions with both CEOs of British Petroleum (BP) and Eni, where he tackled ways of enhancing collaboration in both meetings.

SDX Energy sells off Egyptian assets, aims expand operations in Morocco

Tue, 05 Sep 2023 - 01:04 GMT

The company expects to close the transaction by the end of 2023.

Egypt scores successes in petroleum sector, boom in gas exports: Maat Report

Sat, 02 Sep 2023 - 12:59 GMT

The Egyptian state continues its major successes and achievements in the gas and oil file, and this comes at a time when Egypt is seeking to increase its reserves of gas, the demand for which has recently grown, in addition to the efforts of many European countries to secure alternative sources away from Russian supplies.

Egypt's GAFI, Petrotrade sign cooperation protocol on safe disposal of petroleum waste

Mon, 05 Jun 2023 - 12:07 GMT

GAFI will make it mandatory for the 2,400 oil companies operating in Egypt's investment and free zones to deliver their waste to Petrotrade.

Egypt's gov't allocates LE 100.7 bln as direct investments into manufacturing sector

Tue, 30 May 2023 - 08:04 GMT

The allocated investment show an increase of about 20 percent compared to the expected investments of the sector in the previous year, which recorded 84.2 billion pounds.

10 things to know about Silicon Production complex project in New Alamein

Wed, 10 May 2023 - 08:30 GMT

This comes within the framework of the vision to achieve optimal economic benefit from natural and mineral resources, while the following is the most important information related to the project:

Badr Petroleum Company produced 9M barrels since 2014: Egyptian Minister

Mon, 06 Feb 2023 - 01:33 GMT

The meeting reviewed the Plan and Budget Assembly of WEPCO and Badr Petroleum Company for the fiscal year 2023/2024.

EGYPS 2023 set to drive energy transition conversation, address reshaping of global markets

Wed, 11 Jan 2023 - 02:22 GMT

EGYPS 2023 brings an expanded agenda across its conferences with focused programmes covering Strategic, Technical, Finance and Investment in Energy, Equality in Energy, and Sustainability in Energy topics.

Egypt to host biggest edition of EGYPS in 2023, driving global efforts towards sustainable energy

Sun, 18 Dec 2022 - 02:19 GMT

The Egypt Petroleum Show (EGYPS) 2023 is held under the auspices of His Excellency President Abdel Fattah El Sisi and with the support of the Ministry of Petroleum & Mineral Resources from 13-15 February 2023.

Good petroleum prospects in Red Sea region: El-Molla

Mon, 26 Sep 2022 - 04:04 GMT

Egypt signed three agreements to search for petroleum in the Red Sea region with major international companies, and seismic research is currently being completed in preparation for the start of drilling operations.

Know more about Egypt’s rehabilitation plan of petroleum and mineral wealth sector

Mon, 08 Aug 2022 - 12:24 GMT

The development and management of primary energy resources is one of the most important pillars of sustainable development in Egypt.

Egypt aims to increase petroleum production to 790 bln during new fiscal year 22/23

Sat, 30 Jul 2022 - 11:45 GMT

The government aims to increase production for the petroleum and mineral resources sector at current prices from 671.5 billion pounds in the previous year to about 790.9 billion pounds.

Egyptian Prime Minister heads to Tunisia to co-chair Joint Supreme Committee

Thu, 12 May 2022 - 08:55 GMT

The supreme committee consists of a number of technical committees.

Petroleum min.: EGP 6bn allocated for projects to upgrade efficiency of national gas grid

Mon, 02 May 2022 - 11:59 GMT

Petroleum Minister Tareq el Molla has unveiled a number of projects meant to upgrade the efficiency of the national gas grid as production from the Eastern Mediterranean fields continue to take an upturn.