Egypt plans $4 billion petrochemical complex in Suez: minister
Egypt is planning to establish a petrochemical complex in Suez, with an investment cost worth more than $4 billion,…
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Tarek El Molla
Egypt targets IPOs of 20% of more state-run oil firms: minister
Egypt is exploring a sale of about 20 percent of some state-run oil firms in the coming period, notably petrojet,…
UK’s Veritas, Ghassan Spain, East Gas, Resolute win Egypt gold tender
Egyptian Oil Minister Tarek el-Molla announced Monday four companies, including two from Britain and Spain, as…
Egypt pledges to meet over 90% of fuel needs soon
Egypt will meet more than 90 percent of fuel needed for local consumption soon, Oil Minister Tarek el-Molla…
Shell plans new Egypt investment
Royal Dutch Shell Plc is planning new investments in Egypt’s petroleum sector, given that the country enjoys…
Al Wadi Phosphate annual income to reach $336 mln: Egyptian minister
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla said Tuesday that the expected income from the…
Egypt pays $2.2 bln in arrears to foreign oil firms in three weeks
Egypt has paid $2.2 billion in arrears to international oil companies operating in the country during the past…
Cairo hopes to cut fuel imports to 10% of consumption by 2019
Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about 10…
German investors planning new petrochemical investments in Egypt: minister
A number of German investors will pump new investments into some Egyptian petrochemical and phosphate fertiliser…
BP’s Alexandria output to lift Egypt gas production to 5.1 bln cf/day: minister
Production at BP's North Alexandria gas fields is expected to boost Egypt's natural gas output to 5.1 billion cubic…