Sunday, 17th January 2021
Masoud Karbasian, the CEO of the National Iranian Oil Company (NIOC) announced that the company said NIOC was planning to issue bonds worth IRR 20,000 billion to finance projects aimed at production enhancement and maintenance of oil fields in Iran.
Wednesday, 17th July 2019
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.
Tuesday, 2nd July 2019
The petroleum sector’s dealings with the International Islamic Trade Finance Corporation (ITFC) have reached $8 billion over the last decade.
Wednesday, 27th March 2019
Egypt plans to produce 20% of its electricity demand from renewable resources, including solar energy, wind power, and hydropower, by 2022, and increase it to 40% by 2035.
Sunday, 11th November 2018
The Egyptian General Petroleum Corporation (EGPC) is studying obtaining a $750 million loan from foreign lenders.
Wednesday, 17th October 2018
Assiut National Oil Processing Company (ANOPC) is negotiating with local banks in order to obtain a EGP 1.2 billion loan to part-finance the construction of a mazut hydrogen cracking complex.
Sunday, 9th September 2018
The International Islamic Trade Finance Corporation (ITFC) has agreed to finance $2 billion worth of petroleum products, as a part of a larger $3 billion agreement with Egypt's Ministry of Investment to fund the import of a number of basic goods.
Tuesday, 20th March 2018
The Alexandria Mineral Oils Company (AMOC) has reached an agreement with five financial organisations to fund its $500 million refinery project.
Tuesday, 30th January 2018
International Islamic Trade Finance Corporation (ITFC) expressed interest in financing projects of the Egyptian oil and gas sector.
Wednesday, 19th April 2017Tarek El Molla had a meeting with a delegation of Japan Bank for International Cooperation.