Foreign direct investments (FDIs) in the petroleum sector recorded a decline in net outflow by $277.9 million to reach $857.5 million during the first half of fiscal year (FY) 2022/23, according to the Central Bank of...
Fitch Solutions indicated that the Egyptian petrochemical, chemical, and cement industry exports have grown by 45% reaching $6.7 billion by 2021 driven by natural gas growth and high prices, the Information and Decis...
The European Union (EU) has significantly increased its imports of liquefied natural gas (LNG) from Egypt, the United States of America, Angola, Norway and Qatar, the Middle East News Agency stated, quoting a World Ba...
The Chairman of Egyptian Natural Gas Company, Yasser Salah El Din, stated that the total amount of natural gas transported through the national grid reached 72 billion cubic meters (bcm) and the natural gas exports in...
The Damietta Natural Gas Liquefaction Plant has succeeded in producing and exporting the 500th cargo of liquefied natural gas (LNG) since it started operating in 2005, after an eight-year hiatus before starting again ...
Minister of Petroleum and Mineral Resources Tarek El Molla said that Egypt is working on boosting cooperation with Italy to facilitate exporting liquefied natural gas (LNG) to European markets. In an interview with Bl...
In a move to avoid payment defaults, the new CEO of Venezuela’s PDVSA Pedro Rafael Tellechea stopped most oil export contracts while his team reviews them according to an internal document seen by Reuters and pe...
Minister of Petroleum and Mineral Resources Tarek El Molla stated that the past year 2022 witnessed the achievement of a record number of petroleum exports that amounted to $18.2 billion, the ministry said in a statem...
Egyptian natural gas exports surged to a record 8 million tons in 2022, compared to about 7 million tons in the previous year, the Ministry of Petroleum and Mineral Resources said in a statement about 2022 achievement...
Egypt plans to launch an international bid for gas and oil exploration in the Mediterranean and the Western Desert before the end of this year, Minister of Petroleum and Mineral Resources Tarek El Molla said in an int...