ministry | Egypt Oil & Gas

El Molla Meets Vegas CEO

During the meeting, the Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed the company's work programs in its concession area located in East Lagia, Sinai.

El Molla: Smart Cards Do Not Affect Fuel Prices

The increase in benzene and diesel prices follows the Egyptian Cabinet's decision to cut fuel subsidies in order to ease the budget deficit.

Hamdi Abdel Aziz: No Truth to Threats From Oil Companies

In an official press release from the Ministry of Petroleum, Hamdi Abdel Aziz, the Ministry of Petroleum’s official spokesman denied what was published in a newspaper about threats made by four oil companies to withd ...

EGPC Owed EGP195 Billion; mainly by Ministries of Finance, Electricity, and Transport for Oil and Fuel Delivered.

The dues owed to EGPC from government agencies rose to EGP195 billion by the end of the month of January, compared to 170 billion at the end of October 2014.

Electricity Sector’s Debts Repayment to Petroleum Ministry Scheduled

Egypt's Petroleum and Electricity Ministries have reached an agreement to reschedule debts owed to the Ministry of Petroleum by the electricity sector in the upcoming months. The debts have reached EGP 44 billion.

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