petroleum ministry

  • Al-Sisi Supports Expansion of Eni’s Investments in Egypt

    Al-Sisi Supports Expansion of Eni’s Investments in Egypt

    Tuesday, 13th October 2020

    The Egyptian President Abdel Fattah Al Sisi, gave directives to the Ministry of Petroleum and Mineral Resources to intensify the cooperation with Eni company for more exploration and production activities (E&P) in Egypt.

  • Foad: Mostorod Refinery Integrates Environment, Energy, Industry

    Foad: Mostorod Refinery Integrates Environment, Energy, Industry

    Monday, 28th September 2020

    The Minister of Environment, Yasmine Foaad, praised the Egyptian Refinery Company's (ERC) Mostorod project as a model for integration between energy, environment and industry sectors, which is set to be one of the main elements for economic growth and a path to international markets.

  • WEPCO Prepares Linking Two Wells Worth $12 MM

    WEPCO Prepares Linking Two Wells Worth $12 MM

    Tuesday, 14th July 2020

    Ibrahim Massoud, Chairman and Managing Director Western Desert Operating Petroleum Company (WEPCO), has visited the site of (Badr-1) following up the drilling operations and maintenance to link two developmental wells to the production line at a cost of $12 million.

  • Petroleum Sector Keeps Pace with Global Standards

    Petroleum Sector Keeps Pace with Global Standards

    Wednesday, 26th February 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Egypt’s capability to face the challenges and make decision built upon scientific and Practical approaches helped in supporting the attraction of investments especially the petroleum ones.

  • IOCs Share their Know-how during Al Ahram’s Energy Conference

    IOCs Share their Know-how during Al Ahram’s Energy Conference

    Monday, 30th December 2019

    Al Ahram’s Energy Conference shed light on the role of international petroleum and electric companies in Egypt.

  • Egypt Signs a $690,000 Deal to Conduct a Feasibility Study

    Egypt Signs a $690,000 Deal to Conduct a Feasibility Study

    Thursday, 12th December 2019

    The Minster of the Petroleum and Mineral Resources, Tarek El Molla, witnessed the signature of a grant deal between the Acting Deputy Director of the United States Trade and Development Agency (USTDA), Todd Abrajano, and the Chairman of the Egyptian Petrochemicals Holding Company (ECHEM), Saad Helal, to fund the feasibility study of a Polyacetal production project with $690,000.

  • Electricity Sector to Pay Down Debts to Petroleum Ministry over Five Years

    Electricity Sector to Pay Down Debts to Petroleum Ministry over Five Years

    Monday, 26th November 2018

    The Egyptian electricity sector is set to pay down the total debts to the Ministry of Petroleum within five years.

  • Petroleum Ministry Pays $111M in Arrears to Dana Gas

    Petroleum Ministry Pays $111M in Arrears to Dana Gas

    Thursday, 15th November 2018

    Emirate company Dana Gas has announced receiving $111 million of arrears from the Egyptian Ministry of Petroleum.

  • Finance Ministry Increases Cash Allocation to Oil Ministry

    Finance Ministry Increases Cash Allocation to Oil Ministry

    Monday, 13th February 2017
    Egypt increased the Ministry of Petroleum's allocations from Finance Ministry to be $1b.
  • President Inaugurates Misr Fertilizers Expansion

    President Inaugurates Misr Fertilizers Expansion

    Sunday, 22nd May 2016
    Egypt's President, Abdel Fattah Al Sisi, has inaugurated the expansion project of Misr Fertilizers Production Company (MOPCO) in Damietta, which will contribute to the plan to maximize the added value of the country’s natural gas.