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