Tarek El-Molla | Egypt Oil & Gas - Part 39

Egypt, India in Talks over Industry Trade

Minister of Petroleum and Mineral Resources, Tarek El-Molla met with Ambassador of India, Sanjay Bhattacharyya to explore ways to strengthen bilateral relations between the two countries in oil, gas and petrochemical ...

World Bank Loan Diverted in Part to Pay Foreign Dues

Tarek El-Molla, Minister of Petroleum and Mineral Resources, confirmed that his Ministry planned to attract $8.5b worth of new foreign investments into the Egyptian petroleum sector during the current fiscal year, re ...

El Molla: No Truth to IOCs Decreasing Exploration

Tarek El-Molla, Minister of Petroleum and Mineral Resources, said that the rumors about international oil companies (IOCs) halting exploration expenditures because of indebtedness and low oil prices is completely unt ...

ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry

An official source at the Ministry of Petroleum said that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015.

El Molla: New Discoveries to Make Egypt Regional Energy Center

The recent discoveries of the Zohr and North Alexandria fields will make Egypt a regional center for oil and gas, Egyptian Petroleum Minister, Tarek El Molla said

GANOPE to Expand into Renewable Energy

Ganoub El Wadi Petroleum Holding Company GANOPE agreed, during an assembly meeting, that the company should expand its activities to include unconventional sources of energy during the coming period. The meeting was ...

Tarek El Molla Meets with King Abdullah

King Abdullah voiced his support for the effort to build a pipeline from Basra, Iraq to Aqaba, Jordan and on to Egypt. The King voiced his desire for greater cooperation in the fields of energy cooperation and coordi ...

El Molla: Fuel Subsidy Cuts Reducing Budget Deficit

Egyptian Petroleum Minister, Tarek El Molla, said that cuts in fuel subsidies are quickly reducing Egypt’s budget deficit. The Financial Times reports that spending on fuel subsidies will be reduced from $9b in fisca ...

Tarek El Molla Speakes at Adipec

Tarek El Molla, Minister of Petroleum and Mineral Resources, is attending the Abu Dhabi International Petroleum Exhibition and Conference (Adipec), according to a press release by the ministry.

BP Agrees on Speedier Development of Atoll

BP announced in a press release that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery.

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