American Chamber of Commerce | Egypt Oil & Gas

Oil, Gas Sector to Participate in Decarbonization Day During COP27

Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with a delegation from the Oil and Gas Committee at the American Chamber of Commerce in Cairo to coordinate efforts to prepare for the part ...

El Molla: Natural Gas Comprises 65% of Egypt’s Hydrocarbon Consumption

Adopting natural gas as a clean alternative in the country's energy transition, its use rate in Egypt reached 65%, compared to 35% for other hydrocarbon sources, Minister of Petroleum and Mineral Resources Tarek E ...

Petroleum Ministry Postpones Closing Date of 2021 E&P Bid Round

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 acco ...

Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

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 esti ...

El Molla: Petroleum Sector Contributes 27% of GDP

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 decline ...

Egypt, US Discuss Petroleum Sector Cooperation

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.

Egypt to Restructure Ministry of Petroleum

El Molla: Restructuring the Ministry leads to improving the investment climate.

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