Egypt | Egypt Oil & Gas - Part 143

Rystad Energy: Egypt to Become Green Hydrogen Giant

Egypt’s green hydrogen projects' pipeline records 11.62 gigawatts (GW), which is equivalent to more than 1.57 million tons of green hydrogen, according to Rystad Energy research.

Ihab Ali Abdel Maksoud Appointed Chairman for PAS Company

Minister of Petroleum and Mineral Resources, Tarek El Molla, Ihab Ali Abdel Maksoud to be Managing Director and Chairman for Petroleum Air Services Company.

ECHEM, Rega Green Energy Sign Algae Oil Agreement

The Egyptian Petrochemical Holding Company (ECHEM) and the UAE's Rega Green Energy Company signed a memorandum of understanding (MoU) to produce algae oil, which is used in the production of bio-jet fuel and green ...

El Molla Inaugurates EPEEC Conference and Exhibition

Minister of Petroleum and Mineral Resources, Tarek El Molla, inaugurated the third conference and exhibition for energy efficiency in the petroleum sector (EPEEC 2022), in the presence of heads of bodies, holding ...

TAQA Arabia Acquires Rosetta Energy LNG Arm

TAQA Arabia Group, the leading power distribution and integrated services company in Egypt, announced its acquisition of the liquefied natural gas (LNG) arm of Rosetta Energy, to expand its business in Egypt, Afri ...

El Molla: No Intention to Increase Gas Price for Industrial Sector

"There is no intention to move the prices of natural gas for the local industry at the present time, in light of the current international changes," Minister of Petroleum and Mineral Resources, Tarek El Molla, sai ...

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 ...

Egypt’s Petroleum Subsidies Stand at EGP 28B in 2022/23 Budget

The state’s draft general budget for fiscal year (FY) 2022/23 allocated an estimated EGP 28.094 billion for petroleum subsidies, 52.6% more than petroleum subsidies in the 2021/22 budget which amounted to EGP 18.4 ...

Madbouly: Egypt Set to Become Main Hub for Green Hydrogen, Green Ammonia Production

During a recent press conference  announce the government's vision to deal with the current global economic crisis, Prime Minister Mostafa Madbouly stated that Egypt is on track to becoming a major center for the ...

El Molla Inaugurates Trial Operations of Developments in EPC’s Alexandria Factories

Minister of Petroleum and Mineral Resources Tarek El Molla inaugurated the trial operations of the comprehensive development projects in the Egyptian Petroleum Company's (EPC) factories in Alexandria.

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