petroleum sector

  • El Molla Amends Petroleum Sector Transfers Movement

    El Molla Amends Petroleum Sector Transfers Movement

    Wednesday, 5th May 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced amendments in the latest petroleum sector transfers movement.

  • Egypt Signs Agreement with APA to Modernize Production Sharing Contracts

    Egypt Signs Agreement with APA to Modernize Production Sharing Contracts

    Wednesday, 5th May 2021

    APA corporation announced that it has reached an initial agreement with the Egyptian Ministry of Petroleum and Mineral Resources and the Egyptian General Petroleum Corporation (EGPC) in the framework of modernizing the petroleum sector.

  • EGPC Launches HSE Digital Application

    EGPC Launches HSE Digital Application

    Wednesday, 28th April 2021

    Egyptian General Petroleum Corporation (EGPC) has announced the launch of the digital application “EGPC uSafe” that aims to raising awareness of health, safety and environment (HSE) systems

  • El Molla Issues New Transfers in Petroleum Sector

    El Molla Issues New Transfers in Petroleum Sector

    Monday, 26th April 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement in the petroleum sector to support the petroleum companies and sites with the needed competences and expertise that could achieve the future goals, according to a press release.

  • Energean Announces 2020 Financial and Operating Results

    Energean Announces 2020 Financial and Operating Results

    Thursday, 22nd April 2021

    Energean Oil and Gas plc ,the oil and gas producer focused on the Mediterranean, is pleased to announce its audited full-year results for the year ended 31 December 2020 ("FY 2020").

  • Eni Supports Health Sector in Egypt with 20 Ventilators

    Eni Supports Health Sector in Egypt with 20 Ventilators

    Sunday, 11th April 2021

    Eni company has delivered 20 ventilators to the Egyptian health sector worth $600,000 in light of the anti-covid medical supply initiative organized by the petroleum sector as well as international oil companies (IOCs) to support the efforts of the Ministry of Health to combat the pandemic.

  • El Molla Issues New Transfers

    El Molla Issues New Transfers

    Sunday, 31st January 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to support the petroleum sector with the necessary capabilities and achieve the targeted goals.

  • Egypt Applies New Jet Fuel Price Reductions

    Egypt Applies New Jet Fuel Price Reductions

    Thursday, 21st January 2021

    Egypt reduces jet fuel prices by 15 cents per gallon until the end of 2021 to support the tourism and aviation sectors.

  • Egypt Reduces Jet Fuel Prices by15 Cents per Gallon

    Egypt Reduces Jet Fuel Prices by15 Cents per Gallon

    Wednesday, 13th January 2021

    Egypt will reduce jet fuel prices by 15 cents per gallon from 21 January till the end of 2021 to support the tourism and aviation sectors, which facing COVID-19 pandemic challenges.

  • Egypt to Receive $1.1 B Fund From ITFC

    Egypt to Receive $1.1 B Fund From ITFC

    Wednesday, 13th January 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of an agreement with the International Islamic Trade Finance Corporation (ITFC) to provide integrated financing solutions to all Egypt's sectors for 2021 worth $1.1 billion. This was in the presence of Hala El Said, the Minister of Planning and Economic Development, Ali Al-Moselhi, the Minister of Supply and Internal Trade, Rania Al-Mashat, the Minister of International Cooperation (MOIC), and Neveen Gamea, the Minister of Trade and Industry via video conference.