News / Egypt

El Molla, AlKhorayef Explore Petroleum Cooperation Opportunities, Improving Brownfields

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the CEO of AlKhorayef Group, Saad AlKhorayef to explore potential cooperation opportunities and enhance partnership in the petroleum industry.

El Molla Reviews Latest Developments in the Mining Sector

Minister of Petroleum and Mineral Resources Tarek El Molla has held several meetings at the Egyptian Mineral Resources Authority (EMRA) to follow up on the latest efforts to develop the mining sector and review its development and modernization programs to increase the sector’s share in the national economy.

ERC Contributes 80% to Qalaa Holdings Revenues in 2022

Qalaa Holdings's consolidated revenues reaching EGP 26.981 billion in the second quarter of 2022, making a 165% year-on-year (YoY) increase.

Capricorn Energy Proposes Combination with NewMed Energy Limited

Capricorn and NewMed Energy companies announced a proposed combination, to create a MENA gas and energy champion and one of the largest upstream energy independents listed in London.

UOG Records Average Production of 1,552 boe/d in H1 2022

United Oil and Gas Company (UOG) has recorded net average oil & gas production of 1,552 barrels of oil equivalent per day (boe/d) during the H1 of 2022..

EGAS Average Natural Gas Production Reaches 6.7 bcf/d in FY 2021/22

The Executive Managing Director of Egyptian Natural Gas Holding Company (EGAS) Mady Galal stated that the average rate of natural gas production during fiscal year (FY) 2021/22 reached 6.7 billion cubic feet per day (bcf/d) and average natural gas consumption was 6.1 bcf/d.

Environment Minister, World Bank Discuss Progress of CCDR Preparation

Minister of Environment Yasmine Fouad held an extensive meeting with representatives of the World Bank (WB) to discuss the latest developments regarding the preparation of the Country Climate and Development Report (CCDR), which the WB is preparing in a number of countries, including Egypt, the Cabinet announced.

SDX Energy Appoints Yvon Quillien as COO

SDX Energy announced the appointment of Yvon Quillien as its new Chief Operating Officer (COO).

Aton Announces Hamama West Gold-Silver Project Updates

Aton Resources Incorporation announced the latest assay results from its Hamama West gold-silver project, which is located in the Company’s 100% owned Abu Marawat Concession, in the Eastern Desert of Egypt.

Egypt, Methanex Discuss Latest Developments of Operational Safety Management Program

Minister of Petroleum and Mineral Resources Tarek El Molla has received Brad Boyd, the Senior Vice President of Corporate Resources at Methanex Corporation, to discuss the latest updates on the operational safety management program, within the framework of the memorandum of understanding (MoU) that was signed between the Ministry and the company to cultivate operational safety management principles at Egyptian petroleum companies.

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