petroleum minister

  • Egypt to Attract $10B Foreign Investments in Oil, Gas

    Egypt to Attract $10B Foreign Investments in Oil, Gas

    Monday, 23rd April 2018

    Egypt will attract around $10 billion in foreign investments in the oil and gas sector during fiscal year 2018/19.

  • IOCs Increase Investments in Egypt by 22.7%

    IOCs Increase Investments in Egypt by 22.7%

    Wednesday, 9th August 2017
    International oil companies (IOCs) increased their investments in Egypt to $8.1 billion during fiscal year (FY) 2016/2017, up 22.7% from the $6.6 billion invested in FY 2015/2016
  • Total to invest $100m in Egypt

    Total to invest $100m in Egypt

    Thursday, 13th October 2016
    Total's Senior Vice President for Africa, Stanislas Mittleman, stated that the company will invest $100m in Egypt
  • Egypt to Launch Oil Firms IPO

    Egypt to Launch Oil Firms IPO

    Monday, 19th September 2016
    The Egyptian Minister of Investment, Dalia Khorshid, said that the country is set to launch its initial public offerings (IPO) in government-owned companies with oil sector businesses.
  • Egypt Reduces Debts to IOCs to $3.4b

    Egypt Reduces Debts to IOCs to $3.4b

    Tuesday, 5th July 2016
    Egypt has reduced the arrears it owes to foreign oil companies by $100m to $3.4b in 2015/2016, compared to the previous year, declared the Petroleum Minister, Tarek El Molla.
  • Egypt’s Oil Minister Speaks at Offshore Technology Conference

    Egypt’s Oil Minister Speaks at Offshore Technology Conference

    Tuesday, 3rd May 2016
    Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, participates as a key speaker at the Offshore Technology Conference, the world's largest offshore conference in the oil and gas industry, held in Houston, the ministry informed in a press release.
  • El Molla Inspects MOPCO’s New Factories

    El Molla Inspects MOPCO’s New Factories

    Wednesday, 21st October 2015
    Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that the ministry's strategy in the petrochemical industry is based on expanding the added value of natural gas through establishing many petrochemical industries that will cover the needs of the local market, reported Egypt Oil & Gas.
  • EGPC to Monitor LPG Warehouses in Winter

    EGPC to Monitor LPG Warehouses in Winter

    Monday, 12th October 2015
    A source at the Petroleum Ministry told Egypt Oil & Gas, that the ministry will monitor all LPG warehouses. The decision comes in part of the government's efforts to tighten control on fuel smuggling.
  • Tarek El Molla: Energy is the Engine for Development and National Aspirations

    Tarek El Molla: Energy is the Engine for Development and National Aspirations

    Sunday, 4th October 2015
    Minister of Petroleum and Mineral Resources Tarek El Molla affirmed that there were priorities laid out by the petroleum sector, such as onshore and offshore exploration, especially in the deep layers in the Nile Delta and Western Desert; in addition to under-explored areas such as Upper Egypt and the Red Sea, reported Egypt Oil & Gas.
  • Petroleum Minister:  Supply Gap is Due to Political Termoil

    Petroleum Minister: Supply Gap is Due to Political Termoil

    Sunday, 16th August 2015
    In his opening address during a symposium on regulating gas market in Egypt, pointed out that the exceptional circumstances witnessed by Egypt during the past four years created a temporary gap between the production and consumption of natural gas and petroleum products.