News / Egypt

Maridive & Oil Services Announces 12% Growth in Revenues

Maridive & Oil Services has announced that its revenues increased to $16.5 million for the year ending on 31 March 2024, a 12% improvement compared to $14.7 million in the similar period 2023.

El Molla, Japanese Ambassador Discuss the Japan-Arab Economic Forum

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Japanese Ambassador in Cairo Oka Hiroshi.

EMRA, East Gas, IMEX Sign Shareholders’ Agreement to Establish New Company

Minister of Petroleum and Mineral Resources Tarek El Molla has witnessed the signing of the shareholders’ agreement to establish a company to maximize the added value of low-concentration phosphate ores between the Egyptian Mineral Resources Authority (EMRA), the East Gas Company, and IMEX International.

Alexandria Petroleum Company, USTDA Seal HSE Feasibility Study Grant Agreement

Minister of Petroleum and Mineral Resources Tarek El Molla and Herro Mustafa Garg, the US Ambassador to Egypt, have witnessed the signing of a feasibility study grant agreement between Alexandria Petroleum Company and the United States Trade and Development Agency (USTDA) in the field of health protocols, occupational safety and environmental preservation (HSE) at the company’s refinery in the El Max area in Alexandria Governorate.

Egyptian Gas Association and France Gaz Join Forces to Advance Green Gas Technologies, Carbon Neutrality

The Egyptian Gas Association (EGA) and France Gaz have announced the signing of a landmark Memorandum of Understanding (MoU) to advance their cooperation in the fields of gas and energy transition. The MoU, signed on the sidelines of France Gaz's celebrations of the 150th anniversary of its founding, marks a significant milestone as Egypt is the only country invited to formalize such an agreement during this event.

Shell Egypt Names New Managing Director for JV Rashpetco

Shell Egypt has announced that Khaled Gad has been selected as the new General Manager and Managing Director of the Joint venture Rashpetco effective 1st June 2024.

Egypt, Azerbaijan Sign Protocol of Intent for Bilateral Cooperation

President Abdel Fattah El Sisi has witnessed the signing of a protocol of intent for cooperation between Egypt's Ministry of Petroleum and Mineral Resources (MoPMR), and Azerbaijan's Ministry of Economy.

Empowering Women in Energy: United Energy Egypt Unveils “Women in Influence” WII Network

United Energy Egypt has announced the successful launch of the "Women in Influence" (WII) event on Wednesday, May 29th, at its premises in collaboration with Carerha.

Egypt Gas, ACUD Sign Natural Gas Protocol

Chairman of the Board of Directors and Managing Director of the Administrative Capital for Urban Development Company (ACUD) Khaled Abbas has signed a cooperation protocol with Egypt Gas to help connect all residential units located in the first phase of the New Administrative Capital to the natural gas grid.

Egypt Restores Normal Power Load Reduction After Grid Maintenance

The Ministry of Petroleum and Mineral Resources and the Ministry of Electricity and Renewable Energy have announced the completion of procedures to reduce electrical loads for an additional hour, which was limited to June 4th only, as was scheduled. This load reduction came in light of preventive maintenance work for part of the national gas grid with electricity consumption rates increase, which is caused by rising temperatures.

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