oil sector | Egypt Oil & Gas
Egypt Eyes $7 B in FDI for Petroleum Sector
Egypt eyes $7 billion in foreign direct investment (FDI) for the oil and gas sector during fiscal year (FY) 2022/23, Minister of Petroleum and Mineral Resources Tarek El Molla stated according to Reuters. El Molla sai...
Libya Discuss Cooperation in Oil, Gas with Malta
The Chairman of Board of Directors of Libya’s National Oil Corporation (NOC), Mustafa Sanallah, has discussed with Malta’s Ambassador in Libya, Charles Saliba, ways of cooperation in the filed of oil and gas in ...
VAT Revenues from Oil Sector Rose 520%
Value-added-tax (VAT) revenue from the oil sector grew at a faster pace than from other economic sectors during fiscal year (FY) 2016/2017, the Deputy Finance Minister for Taxation Policies, Amr El Munir, stated durin...
Net FDI in the Oil Sector Rises 135%
Net foreign direct investment (FDI) in the oil sector rose by 135% in fiscal year (FY) 2016/2017, according to the Central Bank of Egypt (CBE). Net FDI in the oil sector increased to $4 billion in FY 2016/2017 from $1...
El Molla Executed New Reshuffles
A press release to Egypt Oil&Gas stated that Minister of Petroleum and Mineral Resources, Tarek EL Molla, issued new promotions and reshuffles in the petroleum sector. Eng. Abed Ezz El Regal, Vice President of the...
Sinai Gas Completes Gas Grid Line in Ismailia
The oil sector has completed the execution of gas grid line in the New Ismailia city at a length of 30 km, which has paved the way for the aggregation of gas for a delivery to household units, according to a report is...
Enoc Launches Revised Code of Conduct During Ethics Week
Emirates National Oil Company (Enoc) introduced its revised ‘Code of Business Conduct’ (COBC) at a staff event organized during the recent ‘Ethics Week’ in Dubai, UAE, reported Trade Arabia. The ‘Code of Business Cond...
Angola Reorganises Sonangol and Entire Oil Sector for Efficiency
The President of the Republic of Angola set up a commission to study the readjustment of the organisation of the oil sector to develop an integrated and effective strategy to improve efficiency, according to Angolan n...
