New GASCO-ENI hybird fuel station opens in New Cairo
Tarek Al Molla, the Egyptian Minister of Petroleum and Mineral Resources, inaugurated the GASCO-ENI integrated…
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Tarek Al-Molla
UAE’s Dragon Oil seeks to buy 20% stake in Egypt’s Nargis gas field
Dubai-based Dragon Oil is seeking to purchase a 20 percent stake in Egypt's Nargis offshore concession area from…
Egypt signs MoU with Kuwait Energy for capacity building programme: EGYPS
Egypt’s Ministry of Petroleum has signed a MoU with Kuwait Energy Egypt to provide capacity buildings for operation…
Egypt expects $8bn investments in oil sector during 2023
Egyptian Ministry of Petroleum is targeting investments of $8 billion in oil and gas sector and expecting Liquefied…
Egypt’s Nargis gas field to start production in one-and-a-half years: minister
Egypt’s Nargis-1 well offshore gas field backed by Eni and Chevron is expected to start production within 1-1/2…
Egypt signs agreement with IBM to support digital transformation
Egypt's Ministry of Petroleum and Mineral Resources has signed on Monday a MoU for a consulting services provided…
Egypt, U.S. Chevron sign MoU to share experience for low carbon projects
Egypt’s Ministry of Petroleum has signed a MoU on Monday with U.S. Chevron company to cooperate in…
Energy can serve as unifier, bridge for stability: AU official at EGYPS
Amani Abou Zeid, the African Union Commissioner said on Monday that not only gas can serve as a regional,…
Egypt plans to hold 3 int’l tenders for oil, gas exploration in 2023 – EGYPS
Egypt plans to offer three international tenders for oil and gas exploration and production in 2023, said Minister…
Egypt petroleum minister chairs EGYPS 2023 executive committee meeting
Egyptian Petroleum Minister Tarek al-Molla has chaired the second meeting of the Executive Committee of the 6th…
EGAS, Shell, 3 other firms to study building LNG bunkering hub in Suez Canal
Egyptian Natural Gas Holding Company (EGAS) signed a letter with Shell Global, Pyramid Navigation, Infinity Solar,…
Egypt to achieve self-sufficiency in petroleum products by 2023; says minister
Egypt will be achieving self-sufficiency in petroleum products - gasoline and diesel - in 2023, after the success…
Egyptian-brokered framework deal signed for boosting Africa’s oil investments
A preliminary framework agreement has been reached between Africa Energy Investment Corporation (AEICORP) and the…
11 companies won gold exploration bid in Eastern Desert, Minister
11 mining companies won a gold ore exploration bid on an area of about 170 km2 in the Eastern Desert and the Red…
Egypt’s Oil Minister says no plans to increase fuel prices in FY2017/18
Egypt's Petroleum Minister Tarek al-Molla reiterated on Thursday that the Cabinet does not plan to raise the…
Egypt devaluation doubles fuel subsidy bill to 78bn pounds in first 9 months
Egypt's government spent 78 billion Egyptian pounds ($4.32 billion) on fuel subsidies in the first nine months of…
Oil Minister, Apache officials discuss increasing investments in Egypt
Egypt’s Minister of Petroleum Tarek al-Molla met Saturday with John Christmann, the Chief Executive Officer of…
Egypt braces for three oil and gas exploration bids this month
Egypt is planning to launch a new oil exploration round bid next week, offering 11 blocks in the Western desert and…
OAPEC’s 95th Meeting kicks off in Egypt
Egypt is hosting Sunday the 95th meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC) with the…
Egypt to Pay off All Arrears to Foreign Oil Firms by 2017
The Egyptian government has reached an agreement with foreign oil firms to pay off all of its arrears by 2017…