Minister of Petroleum

Egypt to Produce 5bcf/d of Gas

Egypt's production of natural gas will increase to 5bcf/d in the 2017/2018 fiscal year, from it's current level of 4.35bcf/d.

US, Egypt to Talk Investments

A US business delegation to Egypt led by David Thorne, senior advisor to Secretary of State John Kerry arrived to Cairo to meet with Egyptian ministers.

El Molla Talked Oil,Gas with Military Scholars

Egyptian Minister of Petroleum, Tarek El Molla, met with scholars from Naser Military Academy and explained that oil and gas industry plays a major role in national security.

El Molla Met with Japan’s Ambassador

Egyptian Minister of Petroleum, Tarek El Molla, met with Japan's Ambassador to Cairo, Takehiro Kagawa, to discussed bilateral cooperation between the two countries along investments opportunities in the oil and gas s ...

Shell Invested $450m in Egypt

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell's Executive Manager of Exploration and Production, Andy Brown, during his visit to Egypt.

El Molla Signed 3 New Petroleum Exploration Deals

Egypt signed 3 new petroleum agreements with the Italian Egyptian Oil Company (IEOC), a subsidiary of Eni, and UK's BP. The deals are worth $595m and are for the exploration and production of natural gas and oil.

Foreign Firms Invested $6.6b in Egypt’s Oil Sector

Foreign investments in Egypt's oil and gas sector during fiscal year 2015/2016 reached $6.6b.

El Molla Met with Egyptian Ambassadors

he Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Egypt's upcoming ambassadors to several countries to discuss their role in attracting foreign investment in the oil and gas sector.

Egypt Studies State-Owned Oil Companies for IPO

Minister of Petroleum Tarek El Molla told Reuters that the Egyptian Ministry of Investment is to study the suitability of listing eight state-owned oil companies on the Egyptian Stock Exchange or share issuance.

Petroleum Minister Inspects Ethylene Project in Alexandria

Minister of Petroleum and Mineral Resources Tarek el Molla visited the ethylene production project in Alexandria, to inspect its implementation, reported State Information Service. The project is worth $1.9b, and rep ...

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