State-run AMOC’s revenues rose to 4.3 billion Egyptian pounds in H1 of FY2016/17
State-owned Alexandria Mineral Oils Company (AMOC) has reported revenues worth 4.3 billion Egyptian pounds ($27.2…
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Tarek El Molla
Egypt to set schedule for repaying oil firms soon: minister
Egyptian Petroleum Minister Tarek el-Molla expects to put in place a schedule to repay arrears to international oil…
Egypt’s fuel subsidy bill jumps after pound float
Egypt's fuel subsidy bill jumped 46 percent to 38 billion pounds ($2.11 billion) in the first half of the 2016-17…
Egypt pays Eni $630 mln financial obligations to develop Zohr gasfield
Egypt paid its $630 million financial obligation in January to Italian oil and gas giant Eni to develop the biggest…
El-Molla endorses budgets of three Egyptian oil firms for 2017/18
Egyptian Petroleum Minister Tarek El -Molla endorsed Thursday the planning budgets of three oil firms for financial…
Italy’s Edison to explore gas and oil in Egypt with $86mln
Egyptian Natural Gas Holding Company (EGAS) signed a new oil agreement with Italy's Edison to explore and produce…
Egypt’s bill of importing natural gas hit $250m per month: El-Molla
Egypt's bill of importing natural gas is estimated at around US$250 million per month, Egyptian Oil Minister Tarek…
Egypt’s debts to foreign oil companies hit $3.6 billion – minister
Egypt’s debts to foreign oil companies have reached $3.6 billion, the country’s Petroleum Minister Tarek el-Molla…
Egypt braces for global gold tender in Eastern Desert within 2017
Egypt will hold a new international tender for gold in seven mining concessions in the Eastern Desert within 2017,…
1bn ft3/day to be added to Egypt’s natural gas grid by 2017: El-Molla
Egypt's production of natural gas is expected to witness a leap in 2017 as pursuant to state's plans for adding…
