Minister of Petroleum

Egypt's Petroleum Ministry says 15 gas wells operative at Zohr Field

Mon, 07 Sep 2020 - 12:05 GMT

A total of 15 gas wells have been dug in the southern area of Zohr oil field and are already on the production map, Petroleum Minister Tarek el Molla said Monday.

Egypt's arrears to foreign oil companies decline to $850M at end of June

Wed, 29 Jul 2020 - 03:43 GMT

Molla added Reuters that dues decreased by 5.5 percent, compared to $900 million at the end of 2018/2019 fiscal year.

New gas discovery in the Mediterranean offshore Egypt to yield 32 MMscfd of gas: Petroleum minister

Wed, 29 Jul 2020 - 01:44 GMT

Located in the conventional Egyptian waters of the Nile Delta, the discovery was announced early this month.

Natural gas reaches 5M housing units in 6 years: Petroleum min.

Thu, 16 Jul 2020 - 11:44 GMT

In a statement on Thursday, Molla said that the natural gas has been extended for first time to villages and cities in Upper Egypt and densely populated districts.

Petroleum min. reviews pace of work in new oil projects

Thu, 09 Jul 2020 - 02:38 GMT

The meeting took up the project of electronic boards that display gasoline and diesel prices for consumers at gas stations.

Investment costs of largest oil refining project in Upper Egypt estimated at $2.8B : Oil min.

Wed, 08 Jul 2020 - 11:20 GMT

The project comes to support efforts and developmental programs implemented in Upper Egypt, Molla said.

Natural gas supplied to more than 1M housing units within year: Egypt Min.

Sun, 05 Jul 2020 - 10:56 GMT

Molla said 1.07 housing units were connected to natural gas within 2019-2020 as part of a national project to deliver natural gas to households.

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.

Oil, environment Mins discuss environmental coordination efforts with oil companies in Suez, Red Sea

Tue, 28 Apr 2020 - 11:29 GMT

They both agreed on continuous coordination between the officials of both ministries on reform plans for the public interest.

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.

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.

Min. asserts importance of intensifying digging for oil to increase Egyptian oil production

Sun, 23 Feb 2020 - 01:49 GMT

This came during a meeting of the general assembly of Belayim Petroleum Company (Petrobel) to approve the draft budget of 2020-2021 and the amended budget of 2019-2020.

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 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.

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.