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,…
Browsing Tag
Tarek Al-Molla
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…
