Minister of Petroleum and Mineral Resources Tarek El Molla accompanied by Mohamed El Sherif, Governor of Alexandria, inaugurated the Gastec/Eni integrated gas station to supply cars with natural gas, liquid fuel and other services at Kilo 38 in Alexandria Governorate.
The meeting was held to discuss the ongoing cooperation between the two countries within the framework of international initiatives, the Methane Emissions Reduction Charter, zero emissions and the Eastern Mediterranean Gas Forum (EMGF) initiative for carbon removal.
Minister of Petroleum Tarek El Molla held a meeting to follow up on the ongoing procedures for implementing the silicon production complex project to be established in New Alamein City.
Minister of Petroleum and Mineral Resources Tarek El Molla revealed an annual plan that includes investments worth $8 billion in the oil and gas sector during the current fiscal year for research, exploration, development, and operating expenses.
TAQA Arabia, the full-service energy and utility provider in Egypt, announced today the start of trading of the group's shares on The Egyptian Exchange (EGX). The shares started trading at 10:00 am on Sunday June 9, 2023.
A workshop on Process Safety Fundamentals was held on May 22nd, 2023 for production, refining, transportation, distribution, projects, and maintenance companies in the petroleum sector at the Sky Hotel in the Fifth Settlement, sponsored by Kuwait Energy.
Shell Egypt (BG Delta Limited) a subsidiary of Shell plc., and its partners; the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas signed an agreement to commence development of the tenth phase (phase 10) in Egypt’s Nile Delta offshore West Delta Deep Marine (WDDM) concession in the Mediterranean Sea.
In an interview with CNBC Arabia on the sidelines of the international symposium of OPEC in Vienna, Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that oil prices within the range of $75 per barrel should be reasonable.
The new wells will be drilled with a total of investments amounting to $1.8 billion, with 21 wells during the current fiscal year 2023/24 and 14 wells during the fiscal year 2024/25.
Minister of Petroleum and Mineral Resources Tarek El Molla has stressed on the importance of the expansion of natural gas stations for supporting the country’s initiative to maximize vehicle conversions to run on natural gas.
