petroleum

  • El-Molla Discusses Cooperation with Djibouti in Oil and Gas

    El-Molla Discusses Cooperation with Djibouti in Oil and Gas

    Sunday, 8th September 2019

    Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla has met visiting Djibouti’s Minister of Energy and Natural Resources Yonis Ali Guedi.

    The meeting addressed exchanging expertise in oil, natural gas and resources and explored the opportunity of carrying out projects related to natural gas, logistics in Djibouti in light of the expertise that Egypt’s petroleum sector enjoys.

  • Petroleum Arrows Transports 8.5 MM of Liters of Fuel Daily

    Petroleum Arrows Transports 8.5 MM of Liters of Fuel Daily

    Wednesday, 3rd July 2019

     A portion of the amount being transported will be allocated to the development projects being established by the government, such as Suez Canal and the New Administrative Capital.

  • Petroleum Arrows to Increase Fuel Distribution by 4%

    Petroleum Arrows to Increase Fuel Distribution by 4%

    Monday, 3rd June 2019

    Petroleum Arrows aims to increase the transportation and distribution of petroleum products by 4% in 2019.

  • Petroleum Investments Record EGP 540 B in Five Years

    Petroleum Investments Record EGP 540 B in Five Years

    Monday, 25th March 2019

    Egypt saw a total of EGP 819 billion of investments from 2014 to 2020, of which 66% have been invested prior to December 2018 in 79 projects that cost EGP 540 billion.

  • Petroleum Production Rose by 1.53% YOY in August

    Petroleum Production Rose by 1.53% YOY in August

    Sunday, 4th November 2018

    Production of crude oil, condensates, and butane increased by around 1.53% year-on-year (YOY) in August 2018, producing 2.852 million tons compared to 2.809 million tons in August 2017.

  • Petroleum Exports Profit Increases by 33.14% YOY

    Petroleum Exports Profit Increases by 33.14% YOY

    Monday, 8th October 2018

    Egypt's petroleum exports profit increased by around 33.14% year-on-year (YOY) as the country exported petroleum worth $8.773 billion in fiscal year (FY) 2017/18, compared to $6.5895 billion during 2016/17.

  • Electricity Sector Debts to Petroleum Sector Exceed EGP 110B

    Electricity Sector Debts to Petroleum Sector Exceed EGP 110B

    Tuesday, 18th September 2018

    The Egyptian electricity sector's debts to the oil and gas sector exceeded EGP 110 billion due to the fuel consumption at electricity generating power plants.

  • Cabinet Approves Exploration and Development in Nile Delta

    Cabinet Approves Exploration and Development in Nile Delta

    Sunday, 22nd April 2018

    The Egyptian Cabinet has approved a decree allowing Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation, the Italian Egyptian Oil Company, and BP to explore and develop oil fields in the Nile Delta.

  • Egypt, Japan Discuss Bilateral Cooperation

    Egypt, Japan Discuss Bilateral Cooperation

    Sunday, 11th February 2018

    The Egyptian Minister of Petroleum and Mineral Resources, Tarek el Molla, discussed with Japan's Parliamentary Vice-Minister of Economy Trade and Industry, Masaki Ogushi, means of boosting cooperation in the oil and gas field.

  • Egypt, Ukraine Discuss Boosting E&P Investments

    Egypt, Ukraine Discuss Boosting E&P Investments

    Sunday, 11th February 2018

    The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed bilateral cooperation with Ukrainian diplomats in Cairo.