The Ministry of Petroleum and Mineral Resources plans to install 600,000 pre-paid meters in the upcoming years, Minister Tarek El Molla stated.

Petroleum trading service company (Petrotrade) launches 12 new payment services for natural gas meter reading to limit the infection of coronavirus (COVID-19).

Tarek El Molla, Minister of Petroleum and Mineral Resources issued a movement of transfers for managers and assistants of the information and communications technology (ICT) department. The reshuffling aims to support petroleum sites with the necessary competencies.

Petroleum Trading Services (Petrotrade) has signed an agreement with Banque Misr to develop the electronic billing services of the company.

The Egyptian Minister of Petroleum, Tarek El Molla, issued a new appointment assigning Waseem Abdel Salam Wahdan the role of head of Petrotrade.

PetroTrade is in talks for an EGP 2.5 billion loan.

Petrotrade signed a contract with Aman for e-payment solutions to enable its customers to pay gas bills electronically.

Egypt’s Petroleum Services Petrotrade holds negotiations with local banks to borrow EGP 4b to be able to pay the dues of the Egyptian General Petroleum Corporation (EGPC) related to oil products.

10 thousand workers at Petrotrade are on their 6th consecutive day of a wage increase strike. The strike is witnessed at the Giza, Cairo, Assuit, El Haram, Nasr City, and Masr El Gdida branches, Egypt Oil & Gas reports.