Minister of International Cooperation Rania Al-Mashat met with Heike Harmgart, Managing Director for the Southern and Eastern Mediterranean (SEMED) region at the European Bank for Reconstruction and Development (EBRD), to discuss cooperation and joint initiatives during COP27 to be held in Sharm El-Sheikh next November.
BP announced its performance and results for Q2 2022. The company reported operating cash flow in the quarter of $10.9 billion and $19.1 billion respectively, compared with $5.4 billion and $11.5 billion for the same periods last year. The increase is driven largely as a result of higher realizations.
The Minister of Petroleum and Mineral Resources Tarek El Molla has met a delegation from ExxonMobil company chaired by Hugo Detré , EAME Retail Sales and Marketing Manager of the company to discuss the ways of expanding and developing their investments in fuel distribution in Egypt.
Minister of International Cooperation, Rania Al-Mashat, met with Nigel Topping, the British climate action pioneer and high-level United Nations (UN) representative for the COP27 Climate Summit, in the presence of Gareth Bailey, British Ambassador in Cairo, in the framework of her meetings with multilateral and bilateral development partners and representatives of regional and international organizations regarding Egypt's preparations for the COP27 Climate Summit to be held next November in Sharm El-Sheikh.
Prime Minister Mostafa Madbouly has conducted a ministerial economic committee meeting to follow up on the latest economic situation and governmental efforts to overcome the consequences of the Russia-Ukraine war.
The Chairman of Suez Canal Authority (SCA) Osama Rabie announced that Suez Canal recorded the highest revenues of July 2022 amounts to $704 million which is the highest per month compared to $531.8 million in July 2021.
The Higher Organizing Committee of the Sixth Egypt International Petroleum Conference and Exhibition (EGYPS 2023) held its first meeting chaired by Minister of Petroleum and Mineral Resources Tarek El Molla to discuss the ongoing preparations for this annual event scheduled to take place 13-15 February 2023 in Cairo.
SDX Energy declared that it has launched the spudding of the MSD-27 infill development well at Meseda Fields located in West Gharib Concession.
Prime Minister Mostafa Madbouly held a meeting this evening to follow up on the plans for electrical interconnection with a number of neighboring countries, as well as review the efforts being made to establish green hydrogen projects in Egypt.
Prime Minister Mostafa Madbouly has met with several ministers, including the Minister of Petroleum and Mineral Resources Tarek El Molla, to review efforts to resolve the financial entanglements between their ministries.
