energy sector
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El Molla Discusses Prospects of Connecting Leviathan to Egypt’s LNG Units
Monday, 22nd February 2021
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Energy in Israel, Yuval Steinitz, have agreed on working on an official agreement to link Leviathan field to the liquefied natural gas (LNG) units in Egypt through an offshore pipeline.
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New Town Gas Chairman chairs Board of Directors Meeting
Sunday, 5th April 2020
Mohamed Kandil, the new Chairman and Managing Director of the Egyptian Company For Natural Gas Distribution (Town Gas), chaired his first board of directors meeting.
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El Molla Appoints New Company Heads
Tuesday, 24th March 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a movement of transfers for a number of heads to several companies in the Energy sector in his endeavor to support the petroleum sector with the necessary competencies.
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Perry Praises Cooperation with Egypt in Energy Sector
Wednesday, 16th October 2019
Prime Minister Mustafa Madboly met Rick Perry, the US Minister of Energy, during his visit to Washington, DC.
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AFDB to Increase Egypt’s Energy Sector Financing
Wednesday, 25th September 2019
African Development Bank Group (AFDB) aims to increase its funding to Egypt in the coming period to implement projects in the energy sector.
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Egypt Discusses Energy Cooperation with Algeria
Thursday, 18th July 2019
Ayman Mosharafa, Egypt’s Ambassador in Algeria discussed bilateral cooperation methods with Mohamed Arkab, Algeria’s Ministry of energy.
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Egypt to Support Lebanon Overcome Energy Challenges
Thursday, 2nd May 2019
Egypt is ready to support Lebanon to overcome its challenges in many sectors, including the energy sector, according to Prime Minister Mostafa Mabdoly.
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Saudi Arabia to Spend $27 B on Industrial Development Plan
Tuesday, 29th January 2019
Saudi Arabia’s government plans to invest around $27 B on an industrial development program during 2019 and 2020 to offer more investment opportunities.
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ADFD Funds Egyptian Projects
Tuesday, 25th July 2017
The Abu Dhabi Fund for Development (ADFD) provided a total of $1.08 billion funds and concessionary loans to Egypt. -
El Molla Met with the CEO of GACIC
Monday, 24th April 2017
Tarek El Molla met with German-Arab Chamber of Industry and Commerce (GACIC)'s CEO, Andreas Hergenröther .
Latest News
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El Molla Inspects Progress of New Alamein Pipeline Project
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021