Tarek el-Molla

Petroleum minister: 12 new investment agreements worth $1B

Sun, 21 Jun 2020 - 12:20 GMT

The agreements are to be referred to the parliament for further discussions on required legal measures pertaining to bringing them into action.

Oil minister: LE 5.3B value of exemptions granted for industrial companies

Wed, 17 Jun 2020 - 03:59 GMT

The move stemmed from the responsibility that the ministry assumes to help the Egyptian economy face the current challenges and contribute to keeping the wheels of economy turning.

Petroleum minister checks on Misr Petroleum depot in Badr City

Sun, 17 May 2020 - 11:57 GMT

The minister said the newly-automated depot comes as part of the ministry's efforts to develop storage, transport and distribution of petroleum materials.

Molla discusses with major int'l firms investment opportunities in mining sector

Thu, 05 Mar 2020 - 01:32 GMT

This came on the sidelines of the annual PDAC Convention, the world's premier international event for the minerals and mining industry, held in Toronto, Canada.

Oil minister posts int'l firms on mining opportunities in Egypt

Wed, 04 Mar 2020 - 03:22 GMT

He touched upon promising opportunities in the mining field in Egypt, especially in light of amendments to the mineral resources law.

Molla: Egypt creates suitable climate to lure int'l investments in mining sector

Tue, 03 Mar 2020 - 01:12 GMT

Egypt works to create an investment-friendly climate and cope up with the international practices in the mining industry with an aim to turning the mining sector into a strong contributor to the country's national income.

Egypt's participation in PDAC 2020 reflects commitment to developing mining sector: Min.

Mon, 02 Mar 2020 - 02:01 GMT

Molla will deliver a speech at the ministerial opening session of the conference which witnesses the participation of more than 25,000 figures representing around 135 world states.

Mulla hails ECHEM's deals with int'l firms to launch petrochemical projects

Wed, 26 Feb 2020 - 11:02 GMT

During a meeting of the ECHEM general assembly to endorse the 2020-2021 budget, Molla said these projects would lure more foreign investments.

Egypt to launch int’l exploration tender for gold in March

Tue, 25 Feb 2020 - 12:25 GMT

Investors will be given the opportunity to bid on 320 blocks over an area of about 56,000 square kilometres in the Eastern Desert and the Red Sea.

Oil minister: program to improve crude oil production, make more explorations

Thu, 20 Feb 2020 - 03:54 GMT

The minister said increasing Egypt's oil output tops the ministry's priorities to bridge the gap between production and consumption.

Oil Ministry: West Delta initial reserves expected to hit 236B cubic meters

Tue, 18 Feb 2020 - 10:50 GMT

Molla's remarks were made during his chairing of the general assembly meeting of Rashid Petroleum Company/Burullus Gas Company (Rashpetco).

Oil Ministry seeks to increase crude oil, natural gas production, reduce costs

Sun, 16 Feb 2020 - 12:41 GMT

The minister's remarks were made during chairing the general assembly meeting of Gulf of Suez Petroleum Company (GUPCO) to approve the financial budget for 2020-2021 and the amended budget of 2019-2020.

Cooperation in oil sector between Egypt, US probed

Thu, 13 Feb 2020 - 02:28 GMT

Molla praised the US side's support for Egyptian oil sector and cooperation to promote a successful partnership.

2 deals for assembling gas supply stations in Egypt signed

Wed, 12 Feb 2020 - 05:23 GMT

The move was made as part of the second-day activities of the Egypt Petroleum Show (EGYPS 2020).

Cairo, Austrian OMV energy group probe investment opportunities

Wed, 12 Feb 2020 - 04:09 GMT

The meeting was held on the sidelines of the Egypt Petroleum Show (EGYPS 2020) that kicked off on Tuesday.

Petroleum Ministry, USTDA sign cooperation agreement

Wed, 12 Feb 2020 - 04:04 GMT

The agreement, signed as part of -proceedings on the second day of the Egypt Petroleum Show 'EGYPS 2020' here today.

EGPC inks deal with US oil Corp Chevron on technical cooperation

Wed, 12 Feb 2020 - 03:51 GMT

The move was made as part of the second-day activities of the Egypt Petroleum Show (EGYPS 2020).

Oil min. discusses Apache plans to increase production in Western Desert

Wed, 12 Feb 2020 - 01:24 GMT

This came on the sidelines of Egypt Petroleum Show (EGYPS 2020) held in Cairo on February 11-13.

Oil minister discusses cooperation with Italian, French firms

Wed, 12 Feb 2020 - 01:22 GMT

The meeting was held on the sidelines of EGYPS 2020 conference in Cairo.

Investments in petroleum sector rise to LE 1T: Molla

Tue, 11 Feb 2020 - 01:57 GMT

Molla clarified during his speech at Egypt Petroleum Show (EGYPS 2020) that foreign investment hit $35 million during the last 4 years.