The Egyptian Ministry of Petroleum will receive $200m of a recently agreed $1b World Bank loan, according to an EGPC official who spoke to Al Mal News.
The Ministry of Petroleum and Mineral Resources has signed a protocol with the Ministry of Water Resources and Irrigation to cooperate on drilling 500 wells in the area of West Minya, to access underground water for ...
Tarel El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector continues importing natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported Egy ...
Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that a key priority is increasing imports of petroleum derivatives, reported Egypt Oil & Gas.
During a press conference, Tarek El Molla, Minister of Petroleum and Mineral Resources, said that currently the debt owed to foreign oil companies stands at $3b, reported Egypt Oil & Gas.
A source at EGPC revealed to Egypt Oil & Gas that negotiations with a number of foreign oil companies are underway to buy their share of liquefied natural gas (LNG) to meet the needs of power plants and factories suf ...
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 ...
Sources at the Petroleum Ministry revealed to Egypt Oil & Gas that the global price of oil reaching $48 a barrel will save the state nearly EGP 30b during the current fiscal year (FY) alone, as the government has set ...