Madbouli Reviews Strategic Petroleum Reserves, Ongoing Projects

The Prime Minister, Mostafa Madbouly, reviewed with the Minister of Petroleum and Mineral Resources, Tarek El Molla,a number of  the ministry's files  including  strategic petroleum reserves and the ongoing projec ...

El Molla: Oil Prices to Reach $40-50 Per Barrel

Minister of Petroleum and Mineral Resources Tarek El Molla stated that the prices of oil per barrel during the current year could reach between $40-50.

El Molla: New 12 Petroleum Agreements Worth $1 B

The Minister of Petroleum and Mineral Resources, Tarek EL Molla, announced that the new 12 petroleum agreements on which the cabinet has approved, worth minimum $1 billion in addition to $19 billion as a signature ...

El Molla: IOCs’ Arrears Decline to $200 MM

he Minister of the Petroleum and Mineral Resources, Tarek El Molla, announced that arrears of the international oil companies (IOCs), decreased to $200 million in comparison of $900 million of June 2019.

SDX Energy’s Natural Gas Reserves from South Disouq Reach 86 bcf

SDX Energy said that its proved and probable natural gas reserves at Egypt’s South Disouq operated concession have increased by 35%, reaching 86 billion cubic feet (bcf).

El Molla, Lind Discuss Cooperation Ways in Oil, Gas

The Minister of Petroleum and Mineral Resources, Tarek El Molla, met the Norwegian Ambassador to Egypt, Lene Natasha Lind, to discuss possible cooperation ways in the oil and gas sector.

Algeria’s Oil, Gas Exports Fall by 12.52%

Exports reached $25.28 billion in October 2019, down from $28.89 in 2018.

Algeria Approves New Energy Law

Algeria's house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs).

South Sudan to Offer 14 Oil Blocks by Q1 2020

South Sudan aims to put 14 oil blocks to be explored by companies in a bid round in Q1 2020.

MOC 2019 Announces Abstract Winners

As the Mediterranean Offshore Conference and Exhibition (MOC 2019) comprised a number of abstracts and presentations from international oil companies (IOCs), Osama El Bakly, Chairman of Egyptian Natural Gas Holdin ...

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