Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced on February 12 achieving a surge in its net profits by 80%, reaching $115 million in 2019, compared to $64 million in ...
The Gulf of Suez Petroleum Company (GUPCO) has approved a budget of around $543 million to achieve a production rate of around 77,000 barrels per day of crude oil (bbl/d) in Fiscal Year (FY) 2020\21, GUPCO Chairma ...
SDX Energy Plc announced on January 28 that it will start drilling three new wells at South Disouq and West Gharib concessions.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, followed up on the updates of delivering natural gas to the housing units in Port said during his visit to the city.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, accompanied by Adel El-Ghadban, Port Said's Governor, launched two new oil tankers (Egypt 2,3) to supply ships with fuel in the Port Said Port, with ...
The Minister of Petroleum and Mineral resources, Tarek El Molla, inaugurated the first integrated fuel station for supplying fuel, natural gas and electricity at Port Said city, in the presence of the Minster of Y ...
The cost of the sector's total crude oil imports decreased in the first 10 months of 2019 to $1.29 billion, compared to $1.6 billion in 2018, a $280 million year-on-year (YOY) decline.
he Minister of the Petroleum and Mineral Resources, Tarek El Molla, announced that arrears of the international oil companies (IOCs), decreased to $200 million in comparison of $900 million of June 2019.
Edison announced that it started drilling operations at its first exploration well in North Thekah concession located in the Egyptian Eastern Mediterranean waters.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed nine agreements for exploration and production (E&P) activities in the Mediterranean and the Western Desert with investments worth $452.3 mil ...
