News / Egypt

Enppi Reports Strong 2023 Results, Secures $5B in Future Contracts

The minister stated that the business results presented by Enppi for the year 2023, and the actual volume of business it has contracted for during the period from 2024 to 2028, amounting to about $5 billion, confirms its benefit from the expertise and specialized capabilities it possesses in achieving this.

Ministries Join Forces to Launch Green Aviation Initiative

Ministers of Petroleum and Mineral Resources Tarek El Molla has held a meeting with other Egyptian ministers at the headquarters of the Ministry of Petroleum and Mineral Resources (MoPMR) in the New Administrative Capital to discuss coordination and cooperation mechanisms to produce sustainable aviation fuel (SAF).

Petroleum Minister Lauds Egypt Gas for its Role in National Projects

At its general assembly on March 9th, Minister of Petroleum and Mineral Resources Tarek El Molla has praised the pioneering role of Egypt Gas in the field of natural gas deliveries and its achievement of the highest rates of implementation at the sector level, Al Ahram Newspaper reported.

Petrobel Targets Investments Worth $614M During FY 2024/25

Belayim Petroleum Company (Petrobel) Chairman Khaled Mowafy has stated that his company targets investments of $614 million during the fiscal year (FY) 2024/25.

Petroshrouk Ramps Up Zohr Gas Field with $535M Investment Plan

Petroshrouk Chairman Khaled Mowafy has announced that work is underway on the plan drawn up during the current fiscal year (FY) 2023/24 to implement development operations for the Zohr natural gas field.

GASTEC Achieves Record High Gas Sales, Car Conversions in 2023

Minister of Petroleum and Mineral Resources Tarek El Molla has confirmed that the integration with which the petroleum sector works has achieved many distinguished results, the most important of which is attracting new investments and partnerships, especially in the activity of marketing petroleum products and natural gas, which is witnessing great expansion and development.

Sidpec Achieves 105% of Production Plan in 2023

Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assembly meeting of the Sidi Kerir Petrochemicals Company (Sidpec) to approve the results of its work for the year 2023.

El Molla Inaugurates New Integrated Fueling Station in New Cairo’s Banafseg Area

Minister of Petroleum and Mineral Resources Tarek El Molla has inaugurated the integrated Gastec - Eni fueling station in cooperation with Fajr Egypt, to supply cars with natural gas, liquid fuel and associated services. The station is located in the Banafseg area in New Cairo.

MoPMR Deals with 2,423 Complaints in February 2024

The Ministry of Petroleum and Mineral Resources (MoPMR), along with the Egyptian Natural Gas Holding Company (EGAS) and its subsidiaries, dealt with 2,423 complaints in February 2024, and addressed the reasons for and responded to 1,994 complaints and reports from them.

El Molla: MIDOR Refinery to Provide 3M Tons of High Quality Petroleum Products Annually

Minister of Petroleum and Mineral Resources Tarek El Molla has stated that the Middle East Refinery (MIDOR) expansion project is one of the major projects being implemented by the sector and will provide 3 million tons of high-quality petroleum products annually, including diesel, high-octane fuel, jet fuel, butane, and sulfur with costs of $2.7 billion.

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