Petroleum FDIs Record Net Outflow of $857.5M in H1 2022/23
Foreign direct investments (FDIs) in the petroleum sector recorded a decline in net outflow by $277.9 million, to be $857.5 million during the first half of fiscal year (FY) 2022/23.
Egypt | Egypt Oil & Gas - Part 122
Madbouly, Apache VP Review Investments, Future Plans in Egypt
Prime Minister Mostafa Madbouly met with David Chi, Vice President of Apache Corporation and Country Manager for Apache in Egypt, to review the company’s investments and future plans in Egypt.
SDX Energy, Aleph New Energies Sign MoU on Alternative Energy Projects
SDX Energy has announced that it has signed a memorandum of understanding (MoU) with Aleph New Energies to explore and develop projects in the alternative energy sector.
Egypt Excels As a Key LNG Exporter to the EU: World Bank Report
The LNG has been transported through pipelines from both Azerbaijan and Norway, and of these countries, only Egypt, the United States, and Angola have made significant progress in converting the gas associated wit ...
Egypt Completes Installation of Towers, Equipment in ANRPC Methanator Unit
The Ministry of Petroleum and Mineral Resources (MoPMR) announced that the installation work of towers and equipment in the Alexandria Refining and Petrochemical Company's (ANRPC) methanator unit project is now co ...
Egypt Achieves EGP 2.8B in Annual Savings from Flare Gas Recovery Projects
At the top of the priorities of this strategy are projects to exploit flare gases because of their positive returns, both environmentally by reducing carbon emissions resulting from gas flaring, or economically by ...
El Molla Praises Oil, Gas Sector CSR Contributions
Minister of Petroleum and Mineral Resources Tarek El Molla stated that the petroleum sector is adopting a new strategy for corporate social responsibility (CSR) aimed at achieving sustainability, uniting efforts, ...
GANOPE Pushes to Boost Crude Oil Output to 40,000 bbl/d
Minister of Petroleum and Mineral Resources Tarek El Molla reviewed the efforts of the South Valley Egyptian Petroleum Holding Company (GANOPE) to bring the total crude oil production of GANOPE and its subsidiarie ...
El Molla, OAPEC Secretary General Review 12th Arab Energy Conference Preparations
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Jamal Issa al Loughani, the new Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC), and they discussed the lat ...
