Egypt plans to remove fuel subsidies next year, Oil Minister Tarek el-Molla said on Wednesday.
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Tarek El Molla
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Saudi Arabia’s state-owned Aramco has approved to supply Egypt’s refineries with crude oil for further six months …
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Egypt’s giant Zohr gas field is expected to double the production two billion cubic feet of gas …
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FeatureIndustry & Trade
Cyprus-ًُEgypt new gas pipeline to cost $1 bln: minister
by nada nasserby nada nasserThe new gas pipeline from Cyprus’ Aphrodite gas field to Egypt will cost between $800 million and …
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Industry & Trade
Egypt, Cyprus hope to sign deal to connect Aphrodite gas field: minister
by nada nasserby nada nasserTarek El Molla said Egypt aims to sign a deal with Cyprus to connect Aphrodite natural gas …
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Industry & Trade
UAE’ Mubadala, Eni to sign Egypt Zohr deal in late May
by Yomna Yasserby Yomna YasserUAE-based Mubadala Petroleum seeks to sign the final agreement to purchase 10 percent stake in Egyptian giant …
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Industry & Trade
Foreign investments in Egypt’s oil sector to hit $10 bln in FY2017/18
by Yomna Yasserby Yomna YasserForeign investment in Egypt’s petroleum sector will reach about $10 billion in the 2017/18 fiscal year that …
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EGX
State-run ENPPI to sell 24% stake in Cairo stock market: minister
by Yomna Yasserby Yomna YasserEgypt’s state-owned oil firm ENPPI will sell up to 15 percent of its shares in an initial …
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Industry & Trade
Egypt to execute 16 natural gas projects in Mediterranean Sea in 4yrs: minister
by Yomna Yasserby Yomna YasserMinister of Petroleum and Mineral Resources Tarek el-Molla said that Egypt has many opportunities to support the …
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Industry & Trade
Cyprus, Egypt lining up to launch new gas pipeline by mid-2018
by Yomna Yasserby Yomna YasserThe Egyptian minister of petroleum Tarek el-Molla announced that the agreement with the European Union to establish …