News / Egypt

El Molla Inaugurates the 20th International Conference

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, attended the 20th international conference on Petroleum Mineral Resources and Development.

Egypt, China Discussed Future Collaborations

Egyptian Minister of Petroleum, Tarek El Molla, met with China's Sinopec CEO to discuss investments.

Shell, Petronas Develop Burullus 9B Phase

Shell and Petronas began working on phase 9B of the Burullus gas field.

Electricity Ministry Completes 80% of Production Units Maintenance

Sources at Egypt's Electricity Ministry said that the Egyptian Electricity Holding Company (EEHC) has completed 80% of the sheer annual maintenance of production units at the national level to cope with the loads expected to be in demand in the summer.

Egypt Aims to Reschedule Debt Payment to IOCs in 2017

Egypt's PM Sherif Ismail's cabinet wants to reschedule the debts to be paid to foreign oil companies operating in the Egyptian sector during 2017 in order to be able to pay out the entire debt by 2019.

El Molla in Talks with Foreign IOCs Delegations

Tarek El Molla met with delegations from several international oil companies, including US-based Halliburton, French Total and the French Institute of Petroleum, to discuss expanding investment scope in Egypt.

Egypt to Pump Gas to East Qantara Industrial Zone

The Egyptian oil and gas sector has established the main portage of the pipeline designed to pump natural gas to the industrial zone located in East Qantara City.

ECHEM to Implement 4 Projects Worth $5b

The Egyptian Petrochemicals Holding Company (ECHEM) is studying the execution of four projects worth $5b.

Egypt to Reschedule Factories’ Petroleum Dues

The Egyptian Natural Gas Holding Company (EGAS) will hold a meeting with factories with late dues in order to reschedule payments.

Egypt to Negotiating Benzene Imports

Egypt is in talks to import 2.3m tons of benzene annually during 2017.

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