Petroleum FDIs Record Net Outflow of $857.5M in H1 2022/23
Foreign direct investments (FDIs) in the petroleum sector recorded a decline in net outflow by $277.9 million, to be $857.5 million during the first half of fiscal year (FY) 2022/23.
petroleum | Egypt Oil & Gas - Part 2
Egypt, Algeria Sign Oil, Gas, Mines Cooperation MoU
In the context of strengthening bilateral cooperation between Egypt and Algeria, Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, signed a memorandum of understanding (MoU) with Mohamed Arkab, ...
El Molla Reviews Strategy to Maintain Local Market Stability Amid Global Challenges
Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting to review the progress of the action plan that was put in place amid the Russia-Ukraine conflict to maintain local market supply stability ...
El Molla Reviews Petroleum Achievements At Al Gomhuria Conference
This comes as El Molla reviewed a number of results achieved by the petroleum sector in a speech before the Al Gomhuria Newspaper Conference and Exhibition, entitled 'Egypt El Sisi.. The Road to the New Republic', ...
Egypt’s Petroleum Subsidies Stand at EGP 28B in 2022/23 Budget
The state’s draft general budget for fiscal year (FY) 2022/23 allocated an estimated EGP 28.094 billion for petroleum subsidies, 52.6% more than petroleum subsidies in the 2021/22 budget which amounted to EGP 18.4 ...
El Molla, EU Ambassador Discuss Development Efforts, COP 27
Minister of Petroleum and Mineral Resources, Tarek El Molla, received Christian Berger, the Ambassador of the European Union (EU) in Cairo, and his accompanying delegation, where they reviewed areas of joint coope ...
El Molla Discusses Energy Transition, COP 27 With Angola’s Delegation
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Angolan Minister of Foreign Affairs, Téte António, Angolan Minister of Youth and Sports, Ana Paula, and the accompanying delegation.
El Molla: Sisi’s Vision for Africa’s Energy Transition Gaining Momentum
Minister of Petroleum and Mineral Resource Tarek El Molla pointed out the strong support and momentum for Egyptian President Abdelfattah El Sisi’s calls for a unified, balanced vision for energy transition in Afri ...
El Molla: Egypt’s Petroleum Exports Increased by 84.28% YoY
Minister of Petroleum and Mineral Resources Tarek El Molla stated that Egyptian oil and gas sector exports increased by 84.28% year on year (YoY), reaching $12.9 billion in 2021, compared to $7 billion in 2020.
El-Molla Discusses Cooperation with Djibouti in Oil and Gas
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, na ...
