Government Signs Contracts for $10.9B Petrochemical Complex
The Egyptian cabinet signed contracts on June 30 with the Cairo-based Carbon Holdings to build a $10.9 billion petrochemical complex.
News / Egypt
WGC 2018: El Molla Discusses Economic Policy with World Bank Officials
Egypt’s petroleum minister Tarek El Molla updated the World Bank's senior vice president, Mahmoud Mohieldin, about Egypt's economic situation during a visit to the World Bank's headquarters in Washington DC.
Egypt to Inaugurate Mega Wind Farm
Minister of Electricity Mohamed Shaker will inaugurate a 580-megawatt (MW) wind farm this weekend.
Noor Gas Field Update: Oil Ministry Spokesperson Confirms August Exploration Drilling
Eni will start exploration drilling at Noor field off North Sinai shore within two months.
El Molla Represents Egypt at World Gas Conference
Minister of Petroleum Tarek El Molla is currently representing Egypt at the 27th World Gas Conference (WGC 2018), which is taking place in Washington DC from June 25-29.
Eni, Tharwa to Drill Noor Field in August: Ministry Source
Eni and Tharwa Petroleum may begin exploration drilling in the anticipated Noor gas field in August, according to an anonymous source.
Egypt Receives Third Cargo of Iraqi Crude in 2018
Egypt has received 2 million barrels of Iraqi crude, the third shipment of 2018.
Fuel Subsidies: 92-Octane Consumption Decreases Following Cuts
Misr Petroleum's sales of 92-octane benzene has decreased since the government made further cuts to fuel subsidies in mid-June.
EGAS Begins Household Gas Connection Project
The oil ministry has started the project that aims to connect more houses to the national gas grid.
Egypt-Cyprus Electricity Project: EuroAfrica Unveils Feasibility Study
The EuroAfrica CEO has presented a feasibility study for connecting the Egyptian and Cypriot electricity grids.
