El Molla Explores E&P Cooperation Avenues with Chevron

• Thursday, 5th August 2021
• by Fatma Ahmed

Minister of Petroleum and Mineral Resources Tarek El Molla has discussed ways of exploration and production (E&P) cooperation with Chevron company during the upcoming period in a number of areas at the Red Sea and ...

Egypt’s Oil Sector Expands Reliance on Digital Technology: El Molla

• Wednesday, 10th March 2021
• by Fatma Ahmed

Minister of Petroleum and Mineral Resources, Tarek El Molla, said that Egypt’s oil sector is  currently working on expanding its reliance on the digital technology in the upcoming petroleum projects and that the p ...

Inaugural Meeting of the East Med Seven Takes Place in Cairo

• Thursday, 7th March 2019
• by Sarah Samir

The meeting included representatives from the seven countries of EMGF, comprising Egypt, Cyprus, Greece, Jordan, Italy, Palestine, and Israel along with the EU.

Prime Minister Discusses Oil Affairs

• Sunday, 13th May 2018
• by Sarah Samir

Egyptian Prime Minister Sherif Ismail met with Minister of Petroleum Tarek El Molla to discuss oil affairs.

Average Oman Crude Oil Prices Increases by 27.8% Y.o.Y

• Tuesday, 30th January 2018
• by Sarah Samir

Average Oman crude oil price increased by 27.8% year-on-year (Y.o.Y), reaching $51 per barrel by end of 2017, from $40 per barrel in the same period of 2017.

US Oil Prices Sink Below $50

• Wednesday, 9th August 2017
• by Sarah Samir

The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.

OPEC will not Rush into Further Output Cuts

• Thursday, 29th June 2017
• by Dr. Mahinaz El-Baz

OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits.

Egypt Sets Strategy to be Energy Hub

• Sunday, 14th May 2017
• by Sarah Samir

The Supreme Committee for Turning Egypt into an Energy Hub has had its first meeting.

President El Sisi Met Eni, BP CEOs

• Monday, 13th February 2017
• by Dr. Mahinaz El-Baz

Abdel Fattah El-Sisi received Eni's CEO, Claudio Descalzi, and Bob Dudley, CEO of BP.

Total to invest $100m in Egypt

• Thursday, 13th October 2016
• by Sarah Samir

Total's Senior Vice President for Africa, Stanislas Mittleman, stated that the company will invest $100m in Egypt