News / Egypt

El Molla Issues New Transfers for National Petroleum Sector Companies

Minister of Petroleum and Mineral Resources Tarek El Molla has issued a decision of movements, transfers and assignments that included an executive managing director, a deputy, and heads of companies in the petroleum sector.

El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez

Minister of Petroleum and Mineral Resources, Tarek El Molla, and ADES Drilling Company CEO, Mohamed Farouk, witnessed the signing of two agreements for exploratory and production services in some areas of the brownfields in the Gulf of Suez.

El Molla, Honeywell Explore Cooperation in Green Fuel, Emissions Reduction, Capacity Building

Minister of Petroleum and Mineral Resource Tarek El Molla met with a delegation from Honeywell International, headed by Khaled Hashem, the company’s President for the Middle East and Africa region.

ETHYDCO Revenues Grow by 34% in 2023

Minister of Petroleum and Mineral Resources Tarek El Molla has witnessed the general assembly meeting of the Egyptian Ethylene and Derivatives Company (ETHYDCO).

PetroSafe Revenues Reach EGP 670M in 2023

The Petroleum Safety and Environmental Services Company (PetroSafe) has held a general assembly meeting to approve the results of its work for the year 2023 in the presence of the Egyptian General Petroleum Corporation's (EGPC) Chairman Alaa El Batal.

Town Gas Achieves EGP 4B in Revenues

The company achieved total revenues amounting to approximately EGP 4 billion and a net profit exceeding EGP 112 million, an increase of 57% over the previous year, in a first for the company.

Nile Petroleum Company to Add Seven New Natural Gas Stations

The Chairman of Nile Petroleum Company Ahmed Eid has stated that the company has 75 natural gas stations in addition to another 12 that are under construction throughout different areas in upper Egypt. 

El Molla Praises the Outstanding Performance of EPROM in Operating Petroleum Projects

Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assembly meeting of the Egyptian Projects Operation and Maintenance Company (EPROM) to approve the results of the company’s work for the year 2023.

Egypt, Bahrain Study Available Opportunities to Collaborate in Petroleum Projects

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Bahraini ambassador to Egypt Fawzia Zainal and they agreed to prepare a study about the capabilities of the Egyptian companies and the available opportunities to cooperate in petroleum projects in Bahrain.

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