Egypt
Egypt Signs five Cooperation Agreements in Oil and Gas Field

Egypt signed a number of agreements on Wednesday, February 11, 2020 during the Egypt International Petroleum Exhibition (EGYPS) held in Cairo, where Minister of Petroleum and Mineral Resources Tariq...

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Egypt signs 9 new oil and gas exploration and production agreements in the Mediterranean and Western Sahara regions

Egyptian Oil Minister Tareq El Mulla signed nine agreements to explore for and produce oil and gas in the Mediterranean and Western Sahara regions on Monday, January 20, 2020, according to...

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Dragon Oil of UAE on its way to expanding investment in the Egyptian oil sector

Eng. Tariq Al Mulla, Minister of Petroleum and Mineral Resources witnessed the ceremony held by the Emirati Dragon Oil Company on the occasion of completing the agreement to acquire the British BP...

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Shell withdraw from onshore projects in Egypt

15.11.2019 Royal Dutch Shell has appointed Citibank to manage the $1 billion sale of oil and gas in Egypt’s Western Desert. Sources told Reuters the sale would officially begin at the end of...

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Rapid increases in gas production from the Egyptian «Zohr» field

The Russian energy company Rosneft said that natural gas production from the Egyptian field “Zohr”, which is the largest gas field in the Mediterranean, has more than tripled in the first half of...

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Egypt succeeds in completing the IMF-supported economic reform program

Egypt could obtain the sixth and final part of its $ 12 billion three-year loan program, which began in 2016, after reviewing Egypt’s economic reforms last month, IMF Acting Managing Director...

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Egypt to host second meeting on oil and gas exploration in Mediterranean waters

President Abdel Fattah Al Sisi met at Al Montazah Palace in Alexandria on Thursday, 25/7/2019, the heads of delegations participating in the second ministerial meeting of the Middle East Gas...

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Egyptian oil companies won new contracts outside Egypt

  Minister of Petroleum and Mineral Resources Tariq al-Mulla confirmed that Egyptian oil companies won new contracts outside Egypt. He added that investments from the Egyptian companies in foreign...

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11 Million People Employed in Renewable Energy in 2018

Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.3 million in...

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Minister of Petroleum and US channel: the export of gas increases the strength of Egypt’s foreign policy

US channel CNBC said that Cairo is expected to become a gas exporter by the end of 2019, and the country has witnessed widespread interest in inspiring natural gas, especially after the success of...

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