Thursday, 10th December 2020
Egypt has doubled its oil hedges during the fiscal year (FY) 2020/21 as a precautionary measure against the possible increase of oil prices, Finance Minister Mohamed Maait told Bloomberg in an interview.
Monday, 30th November 2020
Petroleum products subsidies fell by about 46% during Q1 of the current fiscal year (FY) 2020/21.
Monday, 24th February 2020
Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) both announced to boost their investments during Fiscal Year (FY) 2020/21.
Thursday, 20th February 2020
In an effort to end the financial debts accumulated for more than 30 years, the Ministries of Electricity and Renewable Resources, Petroleum and Mineral Resources, Finance, and the General Public Sector signed three protocols of cooperation.