Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a new limited transfers resolution for the undersecretaries of the Ministry of Petroleum and Mineral Resources as well as chairmen of the petroleum companies.

This resolution  aims to support the petroleum sector with the needed efficiencies in order to achieve the targeted future goals and exchange expertise.
The new appointments include:
Mohamed Abdel Aziz Ismail, Undersecretary of the Ministry of Petroleum for Projects.
Sherif Ali Sheded, Undersecretary of the Ministry of Petroleum for Petroleum Affairs.
Mohamed Samir Abdel Latef, Chairman of the Board of Directors and Managing Director for Rashid Petroleum Company (Rashpetco).
Essam El Dine Mohamed, Chairman of the Board of Directors and Managing Director for the Pharaonic Petroleum Company.
Amr Ahmed Badawi, the Chairman of the Board of Directors and Managing Director, the Egyptian Company for Energy and cooling Projects (Gascool).