Minister of Petroleum and Mineral Resources

  • Al-Sisi Licenses MoP to Contract EGPC, Apache

    Al-Sisi Licenses MoP to Contract EGPC, Apache

    Wednesday, 16th September 2020

    According to the official Egyptian newspaper, the President Abdel Fattah Al Sisi has approved the law no 167 for the year of 2019 to allow the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Apache LDC.

  • Petroleum Arrears Fall by 5.5% in June

    Petroleum Arrears Fall by 5.5% in June

    Tuesday, 4th August 2020

    Egypt’s arrears to international oil companies (IOC) fell by 5.5% to $850 million at the end of June, down from $900 million in 2019, the Minister of Petroleum and Mineral Resources Tarek El Molla told Reuters.

  • El Molla Initials Contracts with Winners of Red Sea Bid Round

    El Molla Initials Contracts with Winners of Red Sea Bid Round

    Sunday, 31st May 2020

    Minister of Petroleum and Mineral Resources Tarek El Molla announce the initial signing with the winning companies of the Red Sea bid round. Currently, legislative measures are being taken to submit a proposal to the Cabinet. El Molla added that the bid round’s results will push forward the ministry's plans to attract foreign investments into the petroleum sector especially in unexplored areas.

  • El Molla Issues ICT Reshuffles in Petroleum Companies

    El Molla Issues ICT Reshuffles in Petroleum Companies

    Thursday, 21st May 2020

    Tarek El Molla, Minister of Petroleum and Mineral Resources issued a movement of transfers for managers and assistants of the information and communications technology (ICT) department. The reshuffling aims to support petroleum sites with the necessary competencies.

  • Daily Production of Petrogas’ Katameya Factory Reaches 60,000 Butane Cylinders

    Daily Production of Petrogas’ Katameya Factory Reaches 60,000 Butane Cylinders

    Sunday, 17th May 2020

    Petrogas’ Katameya Factory produces around 60,000 domestic butane cylinders and 10,000 commercial butane cylinders per day,  Raafat Abdel Hady, Head of Petrogas, stated.

  • Petroleum Companies Develop Musturod Area Roads

    Petroleum Companies Develop Musturod Area Roads

    Sunday, 10th May 2020

    The petroleum geographical committee in Musturod has completed the development of roads in its area at a cost of EGP 21.7 million.

  • Petroleum, Environment Ministers Review Environmental Compatibility Plans

    Petroleum, Environment Ministers Review Environmental Compatibility Plans

    Tuesday, 28th April 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed the industrial wastewater treatment issues in the Gulf of Suez and the Red Sea region with Yasmine Fouad, Minister of Environmental Affairs.

  • Al-Sisi Urges Petroleum Products Reserves’ Preservation

    Al-Sisi Urges Petroleum Products Reserves’ Preservation

    Sunday, 19th April 2020

    President Abdel Fattah Al-Sisi has Instructed to preserve the state's strategic reserves of petroleum products.

  • Egypt Participates in OPEC+ Meeting

    Egypt Participates in OPEC+ Meeting

    Sunday, 12th April 2020

    The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to cut overall oil production by 10 million barrels per day (mmbbl/d) effectively from May 1 through June 30, 2020.

  • EDC Owns 60% of Egypt’s Onshore Drilling Market

    EDC Owns 60% of Egypt’s Onshore Drilling Market

    Monday, 6th April 2020

    The Egyptian Drilling Company (EDC) now owns 60% of the local offshore drilling market.

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