Egyptian Ministry of Petroleum

  • El Molla Opens MOC 2019 on October 15

    El Molla Opens MOC 2019 on October 15

    Monday, 14th October 2019

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, will officially inaugurate the 10th Mediterranean Offshore Conference and Exhibition (MOC 2019) on October 15, 2019, at Bibliotheca Alexandria Conference Center.

  • Petroleum Ministry Issues Reassignments of Petroleum Firms’ Heads

    Petroleum Ministry Issues Reassignments of Petroleum Firms’ Heads

    Sunday, 13th October 2019

    The Egyptian Ministry of Petroleum issued the reassignments for the heads of companies belonging to the petroleum sector, aiming to support the petroleum sites with the necessary leadership and competencies to achieve future goals as well as exchange experiences.

  • Egypt Successfully Delivers Natural Gas to 21 New Regions

    Egypt Successfully Delivers Natural Gas to 21 New Regions

    Sunday, 13th October 2019

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced in an official report that the ministry plans to deliver natural gas to 1.2 million residential units during the current fiscal year (FY) 2019/20, adding that the plan witnessed a high implementation rate during the first quarter (Q1) with the support of a governmental initiative to deliver the natural gas to houses for EGP 30 per month over six years.

  • Government Targets Crude Oil Productivity of 700K b/d in FY 2019/20

    Government Targets Crude Oil Productivity of 700K b/d in FY 2019/20

    Sunday, 13th October 2019

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with the heads of the leading firms in terms of crude oil production in the petroleum sector: Petrobel, Khalda, Qarun, Badr El-Din, Agiba, and GUPCO, in order to follow up the implementation of crude oil production plans during the current fiscal year (FY) 2019/20.

  • Egypt Cuts Natural Gas Output by 1 bcf/d Amid Slow Demand

    Egypt Cuts Natural Gas Output by 1 bcf/d Amid Slow Demand

    Thursday, 10th October 2019

    The Ministry of Petroleum decided to cut the output of Egypt’s natural gas to 6 billion cubic feet per day (bcf/d) from 7 bcf/d in the current period, due to a lower consumption rate in the domestic market and exports, according to a ministerial source reporting to Al Borsa newspaper.

  • El Sisi Met with El Molla and Ismail

    El Sisi Met with El Molla and Ismail

    Monday, 24th April 2017
    El Sisi urged attracting more foreign investments in Petroleum and Mineral Resources fields.
  • Egypt’s Cabinet Aiming to Cut 25% of Imported Fuel Cost

    Egypt’s Cabinet Aiming to Cut 25% of Imported Fuel Cost

    Monday, 20th March 2017
    The Egyptian government is willing to reduce the energy consumption to avoid increasing energy subsidies allocations to EGP100b in 2017 / 2018 budget.
  • Oil Ministry Received EGP 20b in Debts from Electricity Ministry

    Oil Ministry Received EGP 20b in Debts from Electricity Ministry

    Wednesday, 1st March 2017
    The Ministry of Electricity has paid EGP20b of its debt to the Ministry of Petroleum and Mineral Resources.
  • Egypt, Iraq Sign Oil Exports Agreement

    Egypt, Iraq Sign Oil Exports Agreement

    Monday, 27th February 2017
    The Iraqi Oil Marketing Company (SOMO) has signed a contract for oil exports with the Egyptian government.
  • Egypt’s Refineries Operating at 70% Capacity

    Egypt’s Refineries Operating at 70% Capacity

    Wednesday, 15th February 2017
    The Egyptian refineries are operating at only 70% capacity due to shortages in inputs and a decrease in the efficiency of the refineries.