News / Egypt

El Molla, Ismail Review Exploration Enhancement in Red Sea

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed during a ministerial meeting chaired by Prime Minister, Sherif Ismail, the efforts exerted by the ministry to enhance exploration in the red sea after the recent demarcation of Egyptian-Saudi borders

El Molla Announces New Promotions and Transfers

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a number of ministerial decrees and promotions.

Head of APEX Appointed Chairman of Egypt Oil & Gas Technical Committee

Egypt's oil and Gas Technical Committee has announced the appointment of Thomas Maher, President and Chief Operating Officer at Apex International Energy as the new Chairman of the committee, Egypt Oil & Gas Reported.

El Molla Meets EU Representatives

The minister and his guests discussed areas of cooperation between Egypt and EU, in addition to the tools needed to magnify this cooperation during the coming period.

Egypt Celebrates Edco Last Loan Installment

Egypt's advanced infrastructure is the cornerstone for establishing the national project to become a regional strategic center for energy trading, Minister of Petroleum and Mineral Resources, Tarek El-Molla, said.

First Chinese-Operated Gas Regulator Station to Start Operations

Egypt's first Chinese-operated gas regulator station will start being operational by September 2017. The gas regulator will be located in Beni Suef and will be operated by China Petroleum Technology & Development Corporation (CPTDC).

Fitch: Egypt’s Energy Price Increase Show Commitment

Egypt's new budget and the decrease of electricity and fuel subsidies show that Egypt is committed to the fiscal consolidation as well as the economic reform, the rating agency Fitch Ratings stated.

Butane Imports Surpass 180,000 tons

Egypt imports more than 180,000 of butane on a monthly basis to cover citizens' demands and the demands of sectors using butane, such as farms and bakeries, the Head of EGPC stated.

El Molla Visits Sidpec Fire Injured Employees

Minister of Petroleum and Mineral Resources, Tarek El Molla, visited several hospitals in Alexandria in order to check on the 44 workers who were injured during the fire that broke out on the ethylene unit in Sidi Kerir Petrochemicals Company (Sidpec).

Abu Kir Fertilizer to Decrease Profitability

The recent Cabinet decision to cut fuel subsidies obliged Abu Kir Fertilizers Company to decrease the prices of its products, the company's Head stated.

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