A technical workshop entitled “New Technologies for Discovering New Fields” was held in New Alamein over three days, under the patronage of the Ministry of Petroleum and Mineral Resources (MoPMR).
Egypt Gas reported around EGP 93.85 million in net profits after taxation for Q1 2023, compared to around EGP 75.89 million during the same period of 2022.
Qalaa Holdings Company has announced that it has achieved remarkable growth in its revenues reached to EGP 97.7 billion in the fiscal year (FY) 2022 compared to EGP 4.1 billion in FY 2021 increasing by 113% driven by record refining margins at the Egyptian Refining Company (ERC).
The Minister of Petroleum and Mineral Resources Tarek El Molla has delivered the first license for fueling ships in the Egyptian ports to Minerva Group which will start providing its services in Port Said port.
The meeting reviewed the company's activities in Egypt and its current programs and plans during the coming period to increase the volume of its work in the field of research, exploration and production of oil and gas in its concession areas in the Western Desert.
Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Norwegian Ambassador to Cairo, Hilde Klemetsdal, witnessed the signing of an agreement for the joint development of a new green methanol production project, the first of its kind in Egypt and the Middle East.
The European Bank for Reconstruction and Development (EBRD) is working closely with the European Union (EU) to support green hydrogen projects in the Suez Canal Economic Zone, while work is underway to launch a green hydrogen strategy in Egypt in cooperation with the Ministries of Electricity and Petroleum, Heike Harmgart, Executive Director of the Southern and Eastern Mediterranean Region at EBRD.
Shell Egypt announced that the EarthWISH team, representing Zewail University of Science and Technology, won first place in the local version of the "Imagine the Future" competition organized by the company.
President Abdel Fattah El Sisi has met with the Minister of Petroleum and Mineral Resources Tarek El Molla and the Minister of Public Business Sector Mahmoud Esmat, in addition to other officials to discuss current efforts to enhance Egyptian mineral resources exploitation, especially tantalum.