petroleum

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.

Egyptian president meets with Eni CEO to discuss joint projects

Thu, 31 Mar 2022 - 02:36 GMT

President Abdel Fatah al-Sisi received Thursday an Eni delegation led by CEO Claudio Descalizi in the presence of Minister of Petroleum and Mineral Resources Tarek al-Mulla.

EGYPS 2022: OPEC secretary general praises Egypt’s achievements in energy field

Tue, 15 Feb 2022 - 11:31 GMT

The Secretary-General of OPEC Mohammad Barkindo praised Egypt’s achievements in energy field over the years.

Global Leaders Convene Tomorrow at the Egypt Petroleum Show (EGYPS 2022)

Sun, 13 Feb 2022 - 04:07 GMT

The three-day leading energy exhibition and conference in North Africa and the Mediterranean region launches a year of strategic energy dialogue to map out the transition of the oil, gas, and energy industry towards sustainability.

President Sisi inaugurates EGYPS 2022 on Monday

Sun, 13 Feb 2022 - 10:20 GMT

The conference, which would be held at Cairo-based International Exhibition Center (EIEC), would be participated by a wide number of international and local ministers of petroleum and energy, heads of global and local energy companies, international oil and gas organizations and petroleum industry experts.

Egypt's development financing agreements in renewable energy, electricity, petroleum worth $1B

Wed, 02 Feb 2022 - 02:29 GMT

Egypt is accelerating the transition towards a green economy through development financing agreements worth $230 million in environment

Egypt mulls canceling circulation of Octane 80 gasoline

Sun, 17 Oct 2021 - 02:36 GMT

Mulla noted in a panel discussion held by the Egyptian Petroleum Association that Octane 80 is no longer considered a good-quality fuel.

15.4% rise in Egypt's non-petroleum exports in first quarter of 2021: Cabinet information center

Thu, 07 Oct 2021 - 02:05 GMT

The cabinet's information center said non-petroleum exports rose by 15.4 percent to stand at dlrs 7.5 billion in the first quarter of 2021 against dlrs 6.5 billion in the first quarter of 2020.

Egypt's EGAS production exceeds 6.8 billion cubic feet of gas per day--Petroleum

Fri, 24 Sep 2021 - 12:59 GMT

All sectors were provided with natural gas with 100% and needs of the local market were fully covered with an average consumption, which exceeded six billion cubic feet daily.

Egypt Petroleum Show 'EGYPS' postopned to February 2022

Fri, 07 May 2021 - 10:53 GMT

The exhibition is set to be held at Egypt International Exhibition Center (EIEC), under the patronage of President Abdel Fattah El Sisi.

Egypt's economic reform passes test of Covid-19: study

Thu, 22 Apr 2021 - 12:49 GMT

The Egyptian economy has overcome the crisis of Covid-19, passing the test of its economic reform, according to a study by the Egyptian Center for Strategic Studies.

Mediterranean Gas Forum completes Egypt's plans to become center for oil trading

Thu, 01 Apr 2021 - 03:19 GMT

This comes Molla’s meeting with Minister of Foreign and European Affairs of Croatia, Jordan Gerlich Radman, in the presence of Ambassador Tomislav Bochnyak, Ambassador of the Republic of Croatia in Cairo.

Egypt’s Minister of Petroleum in Ramallah, Israel to support EMGF goals

Sun, 21 Feb 2021 - 05:44 GMT

The visit aims at crystallizing a common vision and a systematic dialogue to develop a gas regional market after the EMGF’s Charter came into force.

Petroleum prices likely to be maintained in first quarter of 2021

Sun, 03 Jan 2021 - 11:17 GMT

The Automatic Pricing Committee for Petroleum Products will announce new prices for gasoline and diesel this week, sources at the Petroleum Ministry told Youm7 Saturday.

Petroleum minister highlights importance of local industrialization of oil equipment

Sun, 27 Dec 2020 - 10:38 GMT

Oil companies, atop of which Petrojet, have indeed gained big experience over a long time of action that resulted in many success stories where local industrialization is concerned, the minister acknowledged.

Egypt completes 37 petroleum projects worth LE431B over 2 years

Thu, 10 Dec 2020 - 02:22 GMT

Egypt has executed a total of 37 development projects in the petroleum and mineral resources sector, worth total investments of LE431.3 billion, in the last two fiscal years.

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