Madbouly: Local Fuel Prices are not Solely Determined by International Rates

• Thursday, 23rd October 2025
• by Doaa Ashraf

Egypt’s fuel prices are not solely determined by Brent crude benchmarks, but rather by a complex set of factors—including local production costs and arrears owed to and paid by the government to International Oil Comp...

Major IOCs Compete for Share in Qatar LNG Project

• Monday, 14th June 2021
• by Fatma Ahmed

Six major international oil companies (IOCs) are competing to be partner in the expansion of Qatar’s liquefied natural gas (LNG) production which help the country to foster its position as leading LNG producer, source...

MoP to Deliver Natural Gas to 1 MM Households in FY 2020/21

• Sunday, 21st June 2020
• by Editorial Team

The Minister of Petroleum and Mineral Resources Tarek El Molla stated that the ministry aims to deliver natural gas to one million households in fiscal year (FY) 2020/21, according to the Cabinet. In a meeting with Pr...

IOCs Investments to Reach $10 B in FY 2019/20: El Molla

• Tuesday, 22nd January 2019
• by Editorial Team

International oil companies (IOCs) plan to pump investments of around $10 billion on exploration and production (E&P) activities during the next fiscal year (FY) 2019/20, Minister of Petroleum Tarek El Molla told ...

Egypt Seeks $30b in Oil, Gas Investments

• Wednesday, 30th November 2016
• by Sarah Samir

The Egyptian oil and gas industry seeks $30b in foreign investments within the next three years based on the government’s strategy to aim for mutual commitment in cooperation with the international oil companies...