The two presidents commended the ongoing development of Egyptian-Cypriot relations and the steady progress of the historical ties between the two friendly countries that have been witnessed in recent years at all levels, particularly with regard to natural gas and electrical connectivity.
Prime Minister Mostafa Madbouly held a meeting today to dicuss resolving financial entanglements between the Ministries of Electricity and Renewable Energy, Petroleum and Mineral Resources, and Finance.
Town Gas announced that it has achieved revenues of EGP 3.2 billion in addition to a net profit worth more than EGP 72 million during 2022.
Minister of Petroleum and Mineral Resources Tarek El Molla lauded the importance of the steps taken by Enppi to diversify its activities and increase the volume of its business outside Egypt, which amounted to 38%.
Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that the optimization of human cadres as well as assets and equipment have been critical factors in the continued success of petroleum projects implemented by the sector's companies, especially Petrojet.
Prime Minister Mostafa Madbouly has held a meeting with the Minister of Petroleum and Mineral Resources Tarek El Molla as well as the Minister of Electricity and Renewable Energy Mohamed Shaker to review the progress of their projects, especially in renewable energy.
Aton Resources announced that it has completed its recent diamond drilling programme at Hamama, located in the Abu Marawat Concession in the Eastern Desert of Egypt.
Cheiron Energy, the largest independent Egyptian oil and gas exploration and production (E&P) company, announced that the early production facility (EPF) for the GNN oil field in the Gulf of Suez has been brought onstream.
The Board of Directors of the Egyptian Petroleum Research Institute (EPRI) held a meeting chaired by Tarek El Molla, Minister of Petroleum and Mineral Resources, and Ayman Ashour, Minister of Higher Education and Scientific Research, in the presence of the members of the Board of Directors at the Institute's headquarters.
The Senate Energy and Environment Committee held a meeting to discuss business developments and negotiations that the Suez Canal Economic Zone (SCZONE) is carrying out with international alliances and companies in the green fuel projects sector.
