Egypt Prepares a Strategy for Green Hydrogen Production
Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Egypt is ready to be one of the producing countries of green hydrogen due to its climate.
News / Egypt
Sidpec’s Profits Bounces Back with EGP 151.7 mm in Q1 2021
Sidi Kerir Petrochemicals (Sidpec) has earned a net income of EGP 151.7 mn in Q1 2021 against a net loss of about EGP 31.3 million in Q1 2020, according to a press release.
SUMED Amends Two Articles of its Policy
Arab Petroleum Pipelines Company (SUMED) announced that it has amended articles number 23 and 39 of its policy accompanied its establishment law no (7) 1974 by adding two paragraphs for both articles.
Egypt, Côte d’Ivoire to Boost Cooperation in Energy
Egypt's Ambassador to Abidjan, Wael Badawi, met with Thomas Camara, Ivorian Minister of Mines, Oil, and Energy, to discuss ways of promoting cooperation between Egypt and Cote d'Ivoire in the energy and mining fields.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
ECHEM, ETHYDCO to Establish New Polyethylene Unit
Minister of Petroleum and Mineral Resources, Tareq El Molla, stated that the Egyptian Petrochemicals Holding Company (ECHEM) and the Egyptian Ethylene annd Derivatives Company (ETHYDCO) plan to establish a new unit for coloring and granulating polyethylene with investment from EGP 700 to 800 million to produce 60,000 tons per year, according to a press release.
EMRA, Nubian Mines Sign Gold Exploration Contract Worth $5.2 MM
Minister of Petroleum and Mineral Resources, Tareq El Molla, witnessed the Egyptian Mineral Resources Authority (EMRA) signed a $ 5.2 million contract with the British company Nubian Mines on gold exploration in the Eastern Desert, according to press release.
Number of Natural Gas Stations to Reach1000 in 2021
Minister of Petroleum and Mineral Resources, Tareq El Molla, held meeting to follow up on the natural gas car conversion and the expansion of the natural gas stations to reach about 1000 stations in Egypt by the end of 2021, according to press release.
Egypt Launches First Mobile CNG StationÂ
Egypt’s petroleum sector operated the first mobile station in Egypt and the Middle East region for supplying vehicles with compressed natural gas (CNG).
MoP to Connect 1.2 Million Households to Natural Gas in FY 2021/22
Egypt aims to connect 1.2 million housing units with natural gas in the upcoming fiscal year (FY) 2021/22, the Minister of Petroleum and Mineral Resources, Tarek El Molla, stated.
