Egypt’s Oil Trade Balance Achieves Surplus of $174.9 mm
The Egyptian oil trade balance achieved surplus estimated at $174.9 million during the first nine months of the fiscal year (FY) 2020/21 compared to a deficit of $773.3 million.
News / Egypt
EMRA Extends Period of Receiving Gold Bid Round Proposals
The Egyptian Mineral Resources Authority (EMRA) decided to extend the official period of receiving the investors’ proposals for the gold international bid round to the end of June 2021 which was supposed to be closed on mid-May.
SDX Commences Drilling Campaign in South Disouq
SDX company announced the commencement of the drilling campaign in South Disouq which comprising two wells during the next few months.
Petroleum Ministry Postpones Closing Date of 2021 E&P Bid Round
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the postpone of the closing date of the first bid round in 2021 for petroleum exploration and production to the end of September 2021 according to the desire of several international oil companies (IOCs).
El Molla, Al Kosair Search for Ways of Cooperation in Fertilizer Industry
Minister of Petroleum and Mineral Resources, Tarek El Molla, has met Minister of Agriculture, Al-Sayed Al Kosair, to search for how to collaborate on supporting the fertilizers industry system to contribute to Nitrogenous fertilizer.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
New Transfers Movement in Petroleum Sector
Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new limited transfers movement for the undersecretaries of the Ministry of Petroleum and Mineral Resources as well as chairmen of the petroleum companies.
ExxonMobil Signs Protocol with Magdi Yacoub Heart Foundation
ExxonMobil Egypt announced that it has signed a cooperation protocol with Magdi Yacoub Heart Foundation.
El Molla Inspects Midor Refinery Expansion
Minister of Petroleum and Mineral Resources, Tarek El Molla, has inspected the Midor refinery project in Alexandria at a cost of $2.4 billion.
Petrodisouq to Drill Ibn Younes 2 Well
Petrodisouq Petroleum Company plans to drill Ibn Younes 2 well soon, Nasr Yassien, Operations General Manager and Board Member, stated.
