El Molla Met with Spain’s Ambassador to Cairo

• Monday, 3rd October 2016
• by Sarah Samir

Egyptian Minister of Petroleum, Tarek El Molla, met with Spanish Ambassador to Egypt, Arturo Affilio, to discussed mutual cooperation between the two countries.

Egypt Owes $1.3b to Royal Dutch Shell

• Monday, 3rd October 2016
• by Sarah Samir

The Egyptian Ministry of Petroleum currently owes Royal Dutch Shell $1.3b, up from $1.1b in July. These amounts are owed against the ministry's purchases of Shell's production from Rasheed Concession and British Gas (BG)'s Burullus concession.

Eni to Build Solar Plant in Sinai

• Monday, 3rd October 2016
• by Sarah Samir

Italian Eni agrees on investing in Egypt's renewable energy through the construction of several renewable energy projects.

Petrojet Executed $185m Contracts for Sonatrach

• Monday, 3rd October 2016
• by Sarah Samir

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met Petrojet's employees in Algeria to review their Sonatrach projects.

Egypt to Drill 20 Wells at Zohr Field

• Monday, 3rd October 2016
• by Sarah Samir

Petrobel's CEO confirms the drilling of 20 wells in Zohr and urges the importance of complying with global environmental regulations.

Egypt, Saudi Arabia Discussed Oil Cooperation

• Thursday, 29th September 2016
• by Sarah Samir

The Egyptian Minister of Petroleum, Tarek El Molla, met with his Saudi counterpart, Khalid Al Falih, to discuss methods of mutual cooperation between the two countries.

Ahly Capital Increased Its Equity in AMOC

• Thursday, 29th September 2016
• by Sarah Samir

Al Ahly Capital Holding increases its equity in AMOC to be 25.3% of the company's stocks

IRE Settled East Ghazalat’s Loan

• Thursday, 29th September 2016
• by Sarah Samir

Independent Resources Egypt Ltd (IRE) agreed to pay $200,000 to TransGlobe Petroleum International as a full and final settlement of a US$2.5mln loan note.

Schneider Generated 2000KW of Power in Egypt

• Thursday, 29th September 2016
• by Sarah Samir

Schneider Electric executed solar energy projects with a capacity of 2000KW from facilities atop buildings throughout Egypt.

Egyptian, Chinese Gas Associations Strengthen Cooperation

• Wednesday, 28th September 2016
• by Egypt Oil & Gas

The Egyptian Gas Association (EGA) held a meeting with the Chinese Gas Association's (CGA) delegates, led by Wang Dong, the Chairman of the Beijing Enterprises Group Company Ltd.'s Board, and Li Ya Lan, the Chairman of the Board of Beijing Gas Group Company Ltd. in Cairo on 28th September.