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" petroleum"

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Al-Ahram Weekly - Economy
3/26/2024 9:06:09 PM
Rises in the prices of petroleum products have been spilling over into commodity prices and overall inflation rates, reports Safeya Mounir

Business - Energy
3/26/2024 8:25:05 PM
Egypt's Minister of Petroleum Tarek El-Molla witnessed on Tuesday the signing of two agreements for oil exploration and production in the Gulf of Suez.

Business - Energy
3/22/2024 12:48:00 PM
The Ministry of Petroleum announced on Friday the first fuel price increase of 2024, affecting various octanes and diesel.

Business - Energy
2/18/2024 4:24:01 PM
The Abu Dhabi National Oil Company (ADNOC) pulled out from the process of bidding on Egyptian Wataniya Petroleum, just as the deal was nearing its final stages, sources close to the deal told Al-Borsa News on Sunday.

Business - Energy
2/14/2024 2:33:42 PM
UAE’s Abu Dhabi National Oil Company (ADNOC) and the global energy giant British Petroleum (BP) have agreed to form a gas joint venture (JV) to develop gas assets in Egypt, according to a statement on Wednesday.

Business - Economy
1/16/2024 6:02:38 PM
Egypt's state-owned oil companies are poised to invest over EGP 23 billion in the upcoming fiscal year (FY) 2024/2025, commencing in July, Minister of Petroleum and Mineral Resources Tarek El-Molla said on Tuesday.

Business - Economy
1/10/2024 5:41:30 PM
The Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla signed a memorandum of understanding (MoU) with the Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef for technical cooperation in exploration, exchange of geological information, training, and skill development within the mining sectors of both countries.

Business - Economy
1/9/2024 5:00:00 PM
Egypt is set to initiate new international bids for the exploration of oil, natural gas, and gold in 2024, Minister of Petroleum and Mineral Resources Tarek El-Molla said on Tuesday.

Business - Economy
12/17/2023 6:27:30 PM
Egypt’s petroleum imports, including crude oil and oil products, dropped 11.4 percent to $1.06 billion in September from $1.2 billion in August, according to data released by the state-run statistics agency, CAPMAS.

Business - Economy
12/17/2023 2:53:57 PM
The Egyptian government's decision to rationalize spending will not affect crucial sectors such as health, supply goods, petroleum and gas supplies, as well as the solidarity and dignity initiative, said Minister of Finance Mohamed Maait, according to a statement on Saturday.

Business - Economy
12/8/2023 2:31:42 PM
The Emirati energy company Mubadala is seeking to inject new investments in Egypt, CEO Mansoor Al-Hamed stated on Thursday during a meeting with Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla.

Business - Energy
12/4/2023 10:14:51 PM
Egypt is set to develop a “detailed roadmap” to reduce methane emissions, the country’s Minister of Petroleum and Mineral Resources Tarek El-Molla said at the COP28 climate summit in Dubai.

Business - Energy
11/29/2023 1:40:26 PM
Emirati energy company Dana Gas announced plans to invest an additional $43 million in its operations in the Egyptian market over the coming year, according to CEO Richard Hall on Wednesday.

Business - Economy
11/27/2023 4:48:24 PM
Egypt’s manufacturing and extractive industries (excluding crude oil and petroleum products) contracted by 3.86 percent on a monthly basis in September, according to the updated data of the manufacturing and extractive index by the official statistics agency (CAPMAS).

Business - Tech
11/9/2023 3:10:16 PM
Egypt’s Ministry of Petroleum and Mineral Resources signed three cooperation agreements with Huawei, a leading information and communication solutions company, to promote Egypt's digital transformation, read a statement on Wednesday.

Business - Energy
11/3/2023 3:54:33 AM
The Ministry of Petroleum announced on Friday that it is raising fuel prices for various octanes while keeping diesel prices unchanged.

Business - Economy
10/8/2023 5:16:00 PM
Egypt’s trade deficit declined by 23.59 percent during the fiscal year 2022/2023, primarily due to a significant decline in non-oil imports, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
10/6/2023 12:27:14 PM
The government will offer shares in state-owned petrochemical companies and Wataniya fuel stations in the next two months, stated Minister of Petroleum and Mineral Resources Tarek El-Molla.

Business - Economy
9/30/2023 6:47:22 PM
Egypt has converted 507,000 vehicles to run on natural gas as part of its national initiative meant to replace old cars that use traditional gasoline, the Ministry of Petroleum and Mineral Resources stated Thursday.

Business - Energy
9/26/2023 3:10:30 PM
Egyptian Natural Gas Holding (EGAS) awarded four exploration contracts in the Mediterranean and Nile Delta to foreign companies, with minimum investments of $281 million and $7.5 million in signing grants, according to a Tuesday statement.

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