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Egypt
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Politics
11/23/2022 4:33:31 PM
Egypt's House of Representatives approved on Tuesday a $6 billion loan agreement with the International Islamic Trade Finance Corporation to help the country meets it basic food commodity needs of imported wheat, fuel products, and petroleum derivatives.
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Egypt
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Foreign Affairs
11/20/2022 9:43:12 PM
Minister of Petroleum and Mineral Resources Tarek El-Molla headed the Egyptian delegation taking part in the 18th summit of the International Organisation of Francophonie (OIF), currently being held on the Tunisian island of Djerba, on behalf of President Abdel-Fattah El-Sisi.
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COP27
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To Know
11/14/2022 10:10:15 PM
Petroleum and Mineral Resources Minister Tarek El-Molla said on Monday that the ministry is implementing two major projects to reduce the consumption of single-use plastic bags as part of the national strategic plan for petrochemical industries.
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Business
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Energy
11/12/2022 6:07:48 PM
Egyptian gas and petroleum companies signed on Saturday seven memorandums of understanding (MoUs) and agreements with a number of international companies on the sidelines of the ongoing 27th UN Climate Change Conference (COP27) in Sharm El-Sheikh.
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COP27
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To Know
11/9/2022 11:10:33 PM
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla and US Assistant Secretary of State for Energy Resources Geoffrey R. Pyatt discussed new cooperation opportunities in many energy domains, especially those related to carbon use and storage, green hydrogen, energy efficiency, and renewable energy.
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Business
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Energy
10/21/2022 6:17:47 PM
Egypt will host the 24th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) from Sunday to Tuesday under the chairmanship of Minister of Petroleum and Mineral resources Tarek El-Molla.
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World
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War in Ukraine
10/19/2022 7:17:24 PM
President Joe Biden plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan to cut production.
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World
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Region
9/29/2022 9:00:00 PM
The U.S. on Thursday imposed sanctions on a group of firms it says have played a critical role in shipping sanctioned Iranian oil.
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Business
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Markets & Companies
9/26/2022 11:01:45 PM
Egypt’s National Company for Producing and Bottling Water (Safi) and Wataniya Petroleum are being restructured in preparation for being offered on the Egyptian Stock Exchange before the end of 2022, according to a cabinet statement.
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COP27
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Sharm El-Sheikh
9/21/2022 2:03:50 PM
Minister of Petroleum and Mineral Resources Tarek El-Molla met on Wednesday with a delegation of the Petroleum and Gas Committee at the American Chamber of Commerce in Cairo (AmCham) to discuss the participation of the petroleum sector in the 27th UN Climate Change Conference of the Parties (COP27).
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Business
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Energy
9/21/2022 1:11:04 PM
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Business
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Energy
9/15/2022 9:54:57 PM
Egypt has exported two additional natural gas shipments, Minister of Petroleum and Mineral Resources Tarek El-Molla said on Thursday, nearly one month after the country put its power saving scheme into practice.
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Business
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Energy
8/29/2022 2:26:51 PM
Egypt is ready provide all aspects of support and facilities, transfer expertise in the oil and gas industry to the brothers in Djibouti, Minister of Petroleum and Mineral Resources Tarek El-Molla said in a statement after meeting Djiboutian Minister of Energy and Natural Resources Yonis Ali Guedi.
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Sports
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Egyptian Football
8/14/2022 2:05:06 PM
Enppi President Ayman El-Sherie announced Sunday that his team had received an official offer from Championship side Wigan for the services of the petroleum team’s goalkeeper Mahmoud Gad, but said it did not meet their minimum requirements.
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Business
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Energy
8/3/2022 3:05:36 PM
Minister of Petroleum and Mineral Resources Tarek El-Molla discussed with a delegation from ExxonMobil upping the international company’s investments and activities of marketing and distributing fuel in Egypt.
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Business
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Economy
7/21/2022 1:25:51 PM
Egypt’s cabinet has approved in its weekly Wednesday meeting preparing two national companies for their stakes to be offered for sale on the Egyptian Exchange (EGX).
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Business
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Energy
7/19/2022 6:46:02 PM
President Muhammadu Buhari said on Tuesday Nigeria's state-run oil firm would now operate as a fully commercial business without government intervention or funding.
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World
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Region
7/6/2022 10:05:06 AM
The Secretary-General of the Organization of Petroleum Exporting Countries has died, Nigerian authorities announced Wednesday.
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World
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Region
6/21/2022 3:48:07 PM
Consumers must be prepared to endure up to five years of turbulent oil markets, the head of ExxonMobil said Tuesday, citing under-investment and the coronavirus pandemic.
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Business
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Energy
6/20/2022 5:45:47 PM
The Egyptian Natural Gas Holding Company (EGAS) and US-energy-giant Chevron signed in Cairo on Monday a memorandum of understanding (MoU) on the transport, import, liquefication, and export of gas from the east Mediterranean to Egypt, the Ministry of Petroleum and Mineral resources said in a statement.
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