News / Egypt

Sharqia’s Jazirat Saud Village Connected to National Gas Grid

The Modern Gas Company has begun pumping gas to the first housing unit in Jazirat Saud village located in Sharqia Governorate’s Al-Hussainiya City.

800 ِTaxis Converted to Run On Natural Gas in Aswan

The conversion operations carried out by Gastec and Cargas included around 800 taxis in the governorate so far to increase the number of cars converted with natural gas by 100%, which represents a new success added to the presidential initiative to expand the use of natural gas as a car fuel.

Monday Minutes: Economic Snapshot

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

CORC Budget for FY 2022/23 Gets Ministerial Approval

Minister of Petroleum and Mineral Resources Tarek El Molla headed Cairo Oil Refining Company’s (CORC) general assembly meeting via video conference to approve planning budget for Fiscal Year (FY) 2022/23.

Petromaint Takes More Steps to Enhance Cooperation with International Companies

Meanwhile, a delegation from the Spanish company Novargi visited Petromaint's workshop in Al-Nahda area in Amreya, Alexandria.

Egypt to Establish Its First Gold Refinery with Investments of $100 M

The Minister of Petroleum and Mineral Resources Tarek El Molla has announced that Egypt intends to construct the first gold refinery with costs reaches $100 million as a part of its strategy to develop the Egyptian mining sector.

EGP30 Billion Allocated for Developing Public Petroleum Companies in 2022/23

The Minister of Petroleum and Mineral Resources Tarek El Molla has announced that Egypt allocated EGP 30 billion for the first time in the budget of the fiscal year (FY) 2022/23 to develop the petroleum companies affiliated to the public sector.

El Molla Meets Petroleum Youth at World Youth Forum

The Minister of Petroleum and Mineral Resources Tarek El Molla has met with the youth form the petroleum sector who are participating in the fourth edition of the World Youth Forum (WYF) held in Sharm El-Sheikh.

Petroleum Minister Inaugurates Suez Petroleum Pipeline Control Room

The Ministry of Petroleum and Mineral Resources Tarek El Molla has inaugurated the monitor and control room of the petroleum pipeline grid in Suez Canal region including radio thermoelectric generator (RTG) and control system for pumping units of Suez, Mostorod/Suez and Portsaid pipelines.

El Molla Inspects Petroleum Projects in Suez

The Minister of Petroleum and Mineral Resources Tarek El Molla has conducted an inspection visit to a number of strategic petroleum projects in Suez in order to follow up the latest updates and how to overcome any obstacles during implementation phases

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