Egypt to continue to cut energy subsidies to reduce govt. expenditure
Egypt's Minister of Petroleum and Mineral Resources Tarek el-Molla said on Tuesday at the Arab Energy Forum in…
Browsing Tag
Tarek El Molla
Egypt, Algeria eye less spending on subsidies
Egypt and Algeria should further lower energy subsidies to cut government spending and promote energy efficiency,…
Egypt halts gas imports after final liquefied shipments arrived
Egypt will stop importing natural gas after its final liquefied shipments arrived last week, said Petroleum…
Gas output in Egypt’s Alexandria, West Delta fields to start in Dec.
The second phase of gas production in North Alexandria and West Delta fields will start next December, according to…
Egypt’s Zohr gas field capacity rises six-fold: minister
Output at Egypt’s giant Mediterranean Zohr gas field has risen six-fold since it started production last January,…
ITFC seals $3 bln Egypt commodities funding deal
The International Islamic Trade Finance Corporation (ITFC) has signed $3-billion framework agreements with the…
US Apache firm plans to invest $1 bln annually in Egypt
Minister of Petroleum Tarek el-Molla has discussed with John J. Christmann, the Chief Executive Officer and…
Egypt inks three oil deals with UK, Italian, Croatian firms
Egypt's Minister of Petroleum Tarek El-Molla on Tuesday signed three deals for the exploration of oil and natural…
Egypt’s Zohr field to raise output to 2bn cubic metres daily in Sept.
The daily production of Zohr gas field will increase to 1.75 billion cubic metres by the end of the month and to…
Egypt signs oil and gas exploration deal with BP
Egypt’s state oil company EGPC has signed an oil and gas exploration deal worth around $46 million with Britain’s…