News / Egypt

El Molla Meets with IOC CEOs at ADIPEC

The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a series of meetings with CEOs of international oil companies (IOCs) on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).

Aggreko Enters the Egyptian Market

The power-management company, Aggreko, hosted a press conference today and formally announced its entrance into the Egyptian market.

El Molla: Reforms Leading to E&P Investments

Egypt’s economic reforms have led to a surge in oil and gas exploration agreements that were previously delayed by political unrest.

El Molla: EGPC to Launch New E&P Tenders

The Egyptian General Petroleum Corporation (EGPC) plans to launch a new exploration and production (E&P) tender for onshore oil blocks.

Power Plants Cut Natural Gas Consumption by 900 mscf/d

Natural gas consumption of Egypt's electricity generating power plants has decreased by around 900 million standard cubic feet per day (mscf/d).

ERC’s $3.7B Refinery to Come Online Next September

Operations at the Egyptian Refining Company’s (ERC) new refinery will begin next September.

Egypt’s Regional Hub Bid Boosted by Modernization

Egypt is modernizing its oil and gas sector and plans to maximize its potential by 2021.

El Molla: Egypt Planning to Make Arrears Payment

Egypt will make another payment toward its arrears to international oil companies (IOCs) before the end of 2017.

ERC Announces 22 Scholarship Recipients

The Egyptian Refining Company (ERC) announced 22 scholarship recipients under its Mostakbaly Program

Parliament Considers Changes to Industrial Natural Gas Prices

The Parliamentary Committee on Industry is considering proposals for re-pricing the natural gas sold to industrial purchasers and eliminating the property taxes on factories.

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