The ministry is currently working on several tracks to develop the practice of mining activity in line with the ongoing legislative reforms in order to enhance the mining sector’s contribution in the Gross Domestic Product (GDP), which corresponds to Egypt’s mining potential, El Molla added.
Egypt's Fuel Automatic Pricing Committee decided to cut the price of all gasoline types by 25 piasters per liter effective on Friday, October 4, 2019, at 12 AM.
Prime Minister Mustafa Madboly announced that the Egyptian Cabinet approved the recommendations of the Ministerial Committee to re-price natural gas for some industries on September 30, 2019.
Alexandria Mineral Oils Company (AMOC) transferred 455 shares from Alexandria Wax Products Company, one of its affiliates, to the Egyptian General Petroleum Corporation (EGPC).
Enppi and Saipem inked a cooperation agreement in the field of engineering.
The National Renewable Energy Resources (NREA) prepares to link 1,465 megawatts (MW) solar to the national grid of electricity in October.
The Minister of Petroleum and Mineral Resources Tarek El Molla received Cyrill Nunn, the German Ambassador to Egypt, following the assumption of Nunn’s new position in Egypt.
Egypt’s oil and gas sector has managed to achieve several successes throughout 2019.
The oil and gas sector will witness holding many remarkable events.
The Egyptian government is tasking a high-level committee to file recommendations, unbinding though, to the Cabinet about whether or not to increase fuel prices according to the new pricing indexation mechanism, said a spokesperson of the Ministry of Petroleum and Mineral Resources Hamdi Abdel Aziz to Al Hekaya TV talk show.
