Petroleum Investments Record EGP 540 B in Five Years
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 | Egypt Oil & Gas - Part 4
Petroleum Production Rose by 1.53% YOY in August
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
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
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
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 ...
Egypt, Japan Discuss Bilateral Cooperation
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 a ...
Egypt, Ukraine Discuss Boosting E&P Investments
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed bilateral cooperation with Ukrainian diplomats in Cairo.
Ismail Reviewed the Petroleum Products Distribution System
Ismail stressed on the importance of completing reviewing the data of the petroleum products distribution system all over the country.
El Molla Met with GACIC’s Delegation
El Molla met with German-Arab Chamber of Industry and Commerce's delegation.
