American Chamber of Commerce
Tuesday, 29th June 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the postpone of the closing date of the first bid round in 2021 for petroleum exploration and production to the end of September 2021 according to the desire of several international oil companies (IOCs).
Sunday, 14th March 2021
Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimated currently with $1.6 billion
Wednesday, 29th July 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla, said the Egyptian Petroleum sector achieved unprecedented production rates of natural gas noting that local consumption rates of oil and gas declined during the previous five months mentioning that petroleum sector carried out 27% of the gross domestic product (GDP) according to the recent data.
Monday, 15th July 2019
Egypt's petroleum exports to the US increased by %44, reaching $176.9 million during 2019, compared to 2018 when it was $122.9 million.
Tuesday, 16th May 2017El Molla: Restructuring the Ministry leads to improving the investment climate.