News / Egypt

Madbouly, El Molla Discuss Availability of Petroleum Commodities

Prime Minister Mostafa Madbouly met with Tarek El Molla, Minister of Petroleum and Mineral Resources, to check on the availability of petroleum commodities locally in light of the wave of rising global prices, as a result of the Russian-Ukrainian crisis.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Modern Gas Announces Gas Delivery Levels in 2021

Modern Gas Company held a general assembly meeting to approve the results of its work during 2021, in the presence of Magdy Galal, Chairman of the Egyptian Natural Gas Holding Company (EGAS), and Alaa El Batal, Chairman of the Egyptian General Petroleum Corporation (EGPC).

El Molla Praises GASCO NATA Center for Its Efficient Application of Digital Transformation Systems

Minister of Petroleum and Mineral Resources, Tarek El Molla, inspected the National Advanced Transmission and Automation Center (NATA) that extends across the republic and is operated by the Egyptian Natural Gas Company (GASCO).

SIDPEC Considers Establishing Polylactic Acid Plant

Sidi Kerir Petrochemical Company (SIDPEC)’s Chairman, Mohamed Ibrahim, said that the company is currently studying the project of establishing a new plant to produce polylactic acid as a strategic and environmental alternative to polymers and plastic raw materials to reduce dependence on petrochemicals to comply with environmental laws and requirements.

El Molla Inaugurates “Future of Oil & Gas Exploration in the Red Sea” Workshop

Minister of Petroleum and Mineral Resources, Tarek El Molla inaugurated, via video conference, the second edition of the “Future of Oil and Gas Exploration in the Red Sea” workshop, which was organized by Ganoub El Wadi Petroleum Holding Company (Ganope) in Hurghada in cooperation with the Society of Exploration Geophysicists (SEG).

El Molla Inaugurates Flare Gas-to-Electricity Project

Minister of Petroleum and Mineral Resources, Tarek El Molla, inaugurated a project to generate electric power from flame gas using a gas generator station in the Kalabsha fields in the Western Desert.

El Molla, Chandris Discuss LNG Transportation Opportunities

Minister of Petroleum and Mineral Resources Tarek El Molla received John Chandris, Chairman of the Greek Chandris Hellas Group, specialized in maritime transport activities, and his accompanying delegation. 

Cabinet Sets Price of Butane

Egyptian Prime Minister, Mostafa Madbouly, issued a decree number 1056 for 2022, setting butane prices

El Molla, Siemens Discuss COP 27 Preparations, Green Energy, Investment Opportunities

The meeting reviewed Egypt's preparations to host the World Climate Summit and the investment opportunities available in the Egyptian oil and gas industry, as well as the sharp fluctuations in the current global price levels and their effects on the economies of countries in general.

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