European Union | Egypt Oil & Gas

Italy Nears Deal With EU on Gas Price Cap

Italian Prime Minister Giorgia Meloni has said her government is nearing an agreement with the European Union on a mechanism to lower the price of gas used to generate electricity, Bloomberg’s Asharq Business website ...

ADNOC Nears EU Approval for €14.7B Covestro Takeover

Abu Dhabi National Oil Company (ADNOC) is close to securing European Union (EU) approval for its €14.7 billion ($17 billion) (Bn) acquisition of German chemicals producer Covestro, sources familiar with the matter tol...

G7-Led Coalition Sets Price Cap on Russian Oil Products

The Group of Seven wealthy nations (G7), the European Union and Australia have set price caps for Russian diesel and other refined petroleum products in order to maintain market supply while reducing Moscow’s in...

Egypt’s Sustainable Energy Strategy 2035 Supported by EU

The Ministry of Petroleum and Mineral Resources in addition to the Ministry of Electricity and Renewable Energy showcased the plans and efforts towards achieving sustainable energy by 2035 and modernizing the energy s...

East Med Seven Seek Energy Cooperation

Energy ministers declared to increase cooperation to develop the region’s gas reserves following the East Mediterranean Gas Forum (EMGF) in Cairo, Egypt Oil & Gas reports. Georgios Lakkotrypis, Cyprus Minister of ...

EMGF Second Meeting Concludes in Cairo

The Second Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) was held in Cairo on July 24-25, as per the invitation of H.E Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources, Egypt Oil &...

Egypt Discusses Bilateral Cooperation with Greece

Tarek El Molla, the Minister of Petroleum, and Konstantinos Hatzidakis, the Greek Minister of the Environment and Energy, discussed the bilateral cooperation between the two countries in the petroleum and gas sectors,...

EU Provides EUR 20 MM for Egypt’s Energy Projects

The European Union (EU) has dedicated EUR 20 million to participate in the financing of energy projects in Egypt, according to Ivan Surkos, EU Ambassador to Egypt, Al-Mal reported. The EU will also provide a grant tha...

El Molla Discusses Joint Cooperation with EU

The Minister of Petroleum, Tarek El Molla has discussed with Ivan Surkos, the European Union (EU) Ambassador to Egypt enhancing cooperation in different forms, including a joint project with Belgium’s Port of Antwerp,...

El Molla Discussed Joint Cooperation with EU Delegation

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla met with EU Director-General for Neighborhood and Enlargement Negotiations Christian Danielsson and Head of the European Union Delegation to Egypt Iv...

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