El Molla Discusses Deepening Cooperation With US Ambassador to Egypt

• Tuesday, 26th December 2023
• by Sarah Samir

Minister of Petroleum and Mineral Resources Tarek El Molla has met with Herro Mustafa Garg, US Ambassador to Egypt, who recently assumed her duties.

Egypt, Slovakia Explore Investment Opportunities, Bilateral Energy Cooperation

• Thursday, 30th November 2023
• by Sarah Samir

Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with Lenka Miháliková, Ambassador of the Slovak Republic in Cairo, to discuss investment opportunities and bilateral cooperation in oil, ga ...

Egypt’s Petroleum Imports Dropped by $138.1M in 2022/23

• Monday, 9th October 2023
• by Sarah Samir

Egypt's petroleum imports decreased by $138.1 million, during fiscal year 2022/23, according to the Central Bank of Egypt's (CBE) Balance of Payment. This comes as a result of a decrease in crude oil imports by $1 ...

ADNOC Makes $11B Offer to Takeover Covestro  

• Wednesday, 21st June 2023
• by Israa Ibrahim

ADNOC has offered a proposal of almost $11 billion to takeover Covestro, the German plastics and chemicals maker, according to two persons familiar with the matter, Reuters reported.

Qatar, Iraq to Establish Company to Build, Operate Oil Tankers

• Monday, 19th June 2023
• by Israa Ibrahim

Qatar and Iraq have signed a number of Memorandum of Understanding (MoU), one of the MoUs is for establishing a joint company to build and operate oil tankers that carry crude oil and petroleum products according ...

Iraq Invites Foreign Companies to Bid for 11 Gas Blocks in New Areas

• Monday, 19th June 2023
• by Israa Ibrahim

Iraq, OPEC’s second-largest producer after Saudi Arabia, has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks, Reuters reported.

Iraq to Pay $2.76B in Gas, Electricity Debt to Iran

• Sunday, 11th June 2023
• by Israa Ibrahim

After securing a sanctions waiver from the United States, Iraq agreed to pay Iran $2.76 billion in gas and electricity debt, a senior official in the Iraqi foreign ministry said, Reuters added.

Egypt Extends Closing Date of EGPC, EGAS Bid Rounds

• Tuesday, 16th May 2023
• by Ihab shaarawy

Iran, Iraq Oil Ink Energy Cooperation MoU

• Sunday, 14th May 2023
• by Israa Ibrahim

Iran, Iraq signed a memorandum of understanding (MoU) to cooperate in oil, gas, and petrochemical projects.

Iraqi Oil Minister: Iraq in Final stages of Talks for $27B TotalEnergies Deal

• Monday, 20th March 2023
• by Israa Ibrahim

TotalEnergies and Iraq talks to resolve sticking points in a long-delayed $27 billion energy deal "have reached advanced stages", Iraqi oil minister Hayan Abdel-Ghani said on Sunday, Reuters reported.