Ministry of Petroleum

Sisi urges formulating strategic vision to develop mining sector in Egypt: Presidency

Sun, 12 Jul 2020 - 10:47 GMT

Sisi highlighted the importance of this vision in helping the exploration of mineral resources nationwide.

Petroleum Ministry announces new discovery in Western Desert

Wed, 03 Jun 2020 - 03:56 GMT

The new discovery Abu Snan oilfield is expected to reach an output of about 18 million feet of gas and 4,000 barrels of crude oil per day.

Zohr gas field production hikes to 2.7B cubic meters per day

Sun, 23 Feb 2020 - 01:47 GMT

This came during his participation in the general assembly meeting of Petro Shorouk Company.

Egypt’s petroleum exports record $2.42B in Q1 2019/20

Mon, 25 Nov 2019 - 09:15 GMT

The ministry attributed the decline in the value of exports from July to Sept. to the global decline in prices, despite the 2.1 increase in quantities exported.

Petroleum Min. announces putting Silva gas well on production

Fri, 08 Nov 2019 - 10:47 GMT

The ministry announced putting Silva natural gas well in phase 9B of the deep western delta area in the Mediterranean on production, at 60-80 million cubic feet/day.

Egypt seeks daily oil production of 700,000 in 2019/2020 - minister

Sat, 12 Oct 2019 - 10:32 GMT

Petroleum Minister Tarek El Molla said the Petroleum Ministry targets increasing the daily crude oil to reach 700,000 in the current fiscal year 2019/2020.

Petroleum Min. closes int'l oil exploration bid Sunday

Thu, 12 Sep 2019 - 01:22 GMT

Sources at the petroleum sector told Egypt Today that companies applying to the tender included Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total France.

Petroleum Ministry: 10 new exploratory wells dug in Western Desert

Mon, 02 Sep 2019 - 12:17 GMT

The Ministry of Petroleum said 10 exploratory wells were dug in the Western Desert and they went online in a record time with a daily average output of 5,000 oil barrels.

Egypt to start digging 2 new wells with investment of $280M

Mon, 26 Aug 2019 - 04:34 GMT

The ministry said in a statement that the two wells will be put on the map of production in 2020.

Gov’t forms operation rooms ahead of imminent fuel price hike

Thu, 04 Jul 2019 - 11:19 GMT

Ministry of Petroleum is expected to announce new prices of octane gasoline 95 in accordance with the automatic pricing mechanism that was approved in January.

Egypt, Cyprus discuss economic cooperation

Wed, 24 Apr 2019 - 09:41 GMT

Mulla held talks talks with visiting Cypriot parliament speaker Demetris Syllouris on boosting economic cooperation between the two countries.

Natural gas to be extended to 1.2 million households by end of this year

Thu, 04 Apr 2019 - 10:51 GMT

Egypt is witnessing a boost in natural gas production and is seeking to realize self-sufficiency, Molla said.

Petroleum Ministry signs MoU with IFC on funding infrastructure projects

Wed, 03 Apr 2019 - 12:51 GMT

The MoU targets to support turning Egypt into a regional hub for petroleum and natural gas trade.

Petroleum ministry: Petrojet revenues hit LE 26.5B in 2018

Thu, 28 Mar 2019 - 02:32 GMT

This was announced at the company’s general assembly meeting, under Petroleum Minister Tarek el Molla, to endorse the performance report for 2018.

Petroleum min.: Great leap achieved in oil transportation system

Sat, 23 Mar 2019 - 10:49 GMT

Molla said the oil sector continues the implementation of new action plans that aim to improve the efficiency of transportation and distribution system of petroleum products.

Petroleum Min. aims to implement 4 projects atinvestment of $1.5B

Wed, 20 Mar 2019 - 11:56 GMT

Molla stressed his ministry’s keenness on developing the petrochemical industry and increasing its production capacity.

ACWA Power connects gas pipeline to Luxor plant for LE 1.6B

Tue, 19 Feb 2019 - 04:49 GMT

Well-informed sources told a local newspaper that the total cost of the gas pipeline amounted to LE 1.6 billion.

Saudi Aramco and Egypt’s SUMED sign oil deals

Tue, 12 Feb 2019 - 09:40 GMT

Molla witnessed Tuesday the inking of an agreement between Egypt's Arab Petroleum Pipelines Co. (SUMED) and Saudi Aramco’s trading arm, Aramco Trading Company.

Egypt seeks more energy resources: oil minister

Sun, 10 Feb 2019 - 11:59 GMT

A promising program is underway to increase Egypt's resources of oil and natural gas to secure the country's energy needs, said Petroleum Minister Tarek el Molla.

Egypt's daily gas output to reach 8B cubic feet in FY 2019/2020: minister

Sat, 26 Jan 2019 - 09:58 GMT

Egypt’s production of natural gas will reach about 8 billion cubic feet per day in the 2019/2020 fiscal year Minister of Petroleum said on Saturday.

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