The Minister of Petroleum, Tarek El Molla has discussed with Ivan Surkos, the European Union (EU) Ambassador to Egypt enhancing cooperation in different forms, including a joint project with Belgium’s Port of Antw ...
The Minister of Petroleum, Tarek El-Molla has honored the Egyptian General Secondary Education top graduate in the mathematics major, Mahmoud Mohamed Bayoumy El-Shablangy.
The Egyptian petroleum sector’s first nationwide blood donation campaign has witnessed remarkable participation, with 4,426 donors lining up in 78 company premises and 13 fields across nine governorates.
Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed new modifications of the mineral wealth law with the House of Representatives.
Egypt will start applying the new fuel pricing indexation mechanism to all petroleum products starting from Q4 2019.
Operations rooms at the Ministry of Petroleum and the Cabinet's Information and Decision Support Center (IDSC) are closely following fuel distribution and transportation prices.
The Egyptian Cabinet announced the new fuel prices on July 5, increasing prices by around 25% after subsidy cuts.
The Egyptian government is working on exporting around 2 billion cubic feet per day (bcf/d) of natural gas by the end of 2019, according to the Minister of Petroleum, Tarek El Molla.
The petroleum sector’s dealings with the International Islamic Trade Finance Corporation (ITFC) have reached $8 billion over the last decade.
Egypt plans to apply an oil hedging mechanism in fiscal year (FY) 2019/20 that starts in July after its efforts to lock-in oil prices in the FY 2018/19.
