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