Abdel Fattah Al Sisi
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Egypt Organizes First Technological Exhibition for NGV
Monday, 21st December 2020
The Minister of Trade and Industry, Neveen Gamea, announced that Egypt is preparing for organizing the first technological exhibition for natural gas vehicles (NGV) conversion and replacement which will be launched in January 2021 under the patronage of the Egyptian President Abdel Fattah Al-Sisi in participation of major NGV manufacturers.
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Al Sisi Follows Up National Project for Converting Vehicles to Run on Natural Gas
Sunday, 13th December 2020
The President Abdel Fattah Al Sisi has reviewed the implementation situation of the national project for vehicles conversion and replacement to run on natural gas with the Prime Minister, Moustafa Madbouly, and Ministers of Petroleum and Mineral Resources, Tarek El Molla, Industry and Trade, Neveen Gamea and other Ministers.
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Al-Sisi Permits Abu Sennan Concession Agreement Amendment
Sunday, 25th October 2020
President Abdel Fattah Al-Sisi ratified law No. 155 of 2020 allowing for the amendment of the petroleum exploration agreement in the East Abu Sennan concession in the Western Desert.
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Al-Sisi Calls For Boosting Cooperation with Eni
Monday, 31st August 2020
President Abdel Fattah Al-Sisi has called for boosting Egypt's cooperation with the Italian giant Eni to ease any obstacles that the company might face.
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El Sisi: Egypt to End Its FX Exchange Problem
Tuesday, 23rd August 2016
Egyptian President, Abdel Fattah El Sisi, stated that Egypt would end its dollar exchange rate problem, as the country can’t put off tough measures to revive the economy, while the UAE offer a $1b deposit to the Central Bank of Egypt. -
Oil Ministry, Apache to Amend Oil Agreement
Wednesday, 10th August 2016
Egyptian President Abdel Fattah al-Sisi issued a decree granting the Petroleum Ministry the permission to amend the agreement on oil exploration in Khalda region in Western Desert. -
Russia Loans Egypt $25b to Build Nuclear Power
Thursday, 19th May 2016
Russia will loan Egypt $25b to finance building and operating a nuclear power plant in the country. Egypt's President, Abdel Fattah Al Sisi approved the loan, which would be paid off over 35 years. -
Egypt Secures $17.7b in Funding from Japan
Wednesday, 2nd March 2016
Egypt's President Abdel Fattah Al-Sisi held meetings with Japanese Prime Minister Shinzo Abe during his state visit to Tokyo in attempt to boost mutual cooperation in the energy, education and development sectors. The countries reached an agreement to provide almost $18b in Japanese funding to Egypt for multiple projects. -
Oil Minister Launches Egypt Petroleum Show EGYPS 2017
Sunday, 21st February 2016
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, has launched the upcoming International Conference Egypt Petroleum Show – EGYPS 2017 – to be held under the auspices of President Abdel Fattah Al Sisi.
Latest News
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UOG Records 24% Increase in Abu Sennan Reserves
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Egypt to Establish a $100 MM Bioethanol Company
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El Molla Participates in UN’s ECOSOC Forum
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Enppi's Contracts Jump 50% in 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.87 | -0.44% |
Crude Oil (Brent) Brent | USD/bbl | 66.33 | -0.38% |
NYMEX Natural Gas | USD/MMBtu | 2.60 | -0.69% |
OPEC Basket Price | USD/bbl | 61.87 | +0.67% |
Last Modified April 15, 2021