Prime Minister
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India Inaugurates New Propylene Derivatives Petrochemicals Complex
Monday, 15th February 2021
The Indian Prime Minister, Shri Narendra Modi, has inaugurated the recent Propylene Derivatives Petrochemicals (PDPP) Complex at Kochi refinery in kerala governorate, built at a cost of ₹6,000 crore.
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Madbouly Follows up on Natural Gas Stations’ Expansion
Thursday, 19th November 2020
The Prime Minister, Mostafa Madbouly, met with the Ministers of Petroleum and Mineral Resources, Finance, and Tarde and Industry to review the executive situation of natural gas stations, affirming that the expansion of establishing stations for natural gas supply, recharging electric cars, and exploiting the current infrastructure of the existing fuel stations is a vital topic in light of the strategy adopted by the state to convert cars to run on natural gas.
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El Sisi Directs Setting a Comprehensive Vision for the Mining Sector Development
Sunday, 12th July 2020
The Egyptian President Abd El Fattah El Sisi has directed to form a full strategic vision in the aim of updating the mineral sector in Egypt to discover the hidden regions containing mineral resources.
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IDSC Issues Two Reports on COVID-19 Impact on Energy Markets
Sunday, 7th June 2020
The Egyptian Prime Minister, Moustafa Madbouly, has received two reports from the Information and Decision support Center (IDCS) presenting the repercussions of coronavirus pandemic on international as well as local Energy markets.
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Egypt Extends Curfew Amid Coronavirus Outbreak
Wednesday, 8th April 2020
The Egyptian Prime Minister, Moustafa Madbouly, has announced extending a nationwide curfew for more two weeks starting from 9 April until 23 April, in line with the precautionary measurements taken by the government to combat coronavirus outbreak.
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Madbouly Supports Chilean Investments in Egypt
Thursday, 27th February 2020
Prime Minister Moustafa Madbouly expressed the government full support to the Chilean investments in Egypt, represented in ENAP Petroleum Company.
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Petroleum Sector Nourishes Egypt’s Economy
Thursday, 20th February 2020
Egypt’s economy has managed to retain a stable economic growth rate in Fiscal Year (FY) 2019/20, reaching 5.6%, despite the continued slowdown in the global growth rates.
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Egyptian Cabinet Approves Re-Pricing Gas for Some Industries
Thursday, 3rd October 2019
Prime Minister Mustafa Madboly announced that the Egyptian Cabinet approved the recommendations of the Ministerial Committee to re-price natural gas for some industries on September 30, 2019.
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El Sisi Orders Maximizing Egypt’s Oil Exploration
Monday, 9th September 2019
President Abdelfatah El Sisi has directed the Cabinet to extend the rate of oil and natural gas exploration, with a focus on maximizing the utilization of the country’s natural resources.
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Egyptian Buses to Have Bi-Fuel Engines
Thursday, 22nd August 2019
Mostafa Madbouly, the Prime Minister, held a meeting with the Heads and Representatives of companies’ that manufacture microbuses and minibuses to present the government’s plan to expand in manufacturing new bi-fuel vehicles and converting old ones.
Latest News
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021