Egypt: Egypt to Build U.S.$660m Liquid, Gas Bulk Terminal At Dekheila Port

Egypt's General Authority for Alexandria Port and the Alexandria Supply Chain Company (ASCC) signed an initial $660 million concession agreement on Thursday to develop a liquid and… Read more »

Egypt: Prime Minister Meets With the Ministers of Finance and Petroleum to Follow Up On Several Joint Work Files

Dr. Mostafa Madbouly, the Prime Minister, met with Mr. Ahmed Kouchak, Minister of Finance, and Eng. Karim Badawy, Minister of Petroleum and Mineral Resources, as part of a review… Read more »

Egypt: Egypt to Launch New Gold Exploration Bidding in Q1 2025

The Egyptian Ministry of Petroleum, led by Minister Karim Badawi, is set to launch a new gold and associated minerals exploration bidding process in the first quarter of 2025. Read more »

Egypt: Extensive Efforts to Contain Crisis of Oil Spill in Red Sea - Minister of Environment

As part of the Ministry of Environment's response to the cargo ship grounding crisis in Quseir, Minister of Environment Yasmine Fouad confirmed that significant efforts have been… Read more »

Egypt: Egypt Seeks to Strengthen Cooperation With Azerbaijan in Oil, Pharma Sectors

Prime Minister Mostafa Madbouly chaired the weekly cabinet meeting today in Egypt's New Administrative Capital, where he addressed a range of key issues. Read more »

Egypt: Petroleum Ministry - UEG Looking Forward to Boosting Production

Song Yu, Executive Chairman United Energy Group (UEG), asserted that the company is committed to working in Egypt and is looking forward to intensifying excavation programs to… Read more »

Africa: Petroleum Min. Meets Honeywell Middle East, Africa Region President

Khaled Hashem, President of Honeywell in the Middle East and Africa region, said the company finalized the feasibility study of a project for producing sustainable aviation fuel in… Read more »

Egypt: Egypt Raises Fuel Prices By Up to LE 2 in Third Increase of 2024

Ministry of Petroleum announced an increase in diesel and gasoline prices by up to LE 2 for the third and final time in 2024, effective from Friday 18/10/2024. Read more »

Egypt: Egypt Affirms Timely Payments of Oil Foreign Partners' Dues

The Egyptian programme for paying dues to foreign partners in petroleum sector is on track, with regular payments set to continue from October, Minister of Petroleum and Mineral… Read more »

Egypt: Egypt Receives 5 LNG Shipments Out of 21 Contracted Cargoes to Meet Power Stations' Needs - Egas

Egypt has received five international shipments of liquified natural gas out of 21 contracted cargoes as part of the country's urgent plan to provide for the needs of power plants,… Read more »

Egypt: Government Commits to Reschedule Repayment for Int'l Companies in Nation's Petroleum Sector

Minister of Petroleum and Mineral Resources Kareem Badawi underscored the Egyptian government's commitment to rescheduling payment for international companies engaged in the… Read more »

Egypt: Petroleum Ministry - New Oil Refining, Petrochemical Projects At $9 Bn Investments

The Petroleum Ministry works on carrying out new oil refining and petrochemical projects with $9-billion investments. Read more »

Egypt: PM Meets With Petroleum Minister

Prime Minister Mostafa Madbouli met Saturday 15/04/2023 with Minister of Petroleum and Mineral Resources Tariq Al-Mulla to review projects implemented by the ministry. Read more »

Egypt: Non-Oil Sectors Drive Egypt's Surging FDI Inflows - CBE

Egypt's non-oil business sectors were responsible for the lion's share of net foreign direct investment (FDI) inflows during the first quarter (1Q) of the current FY2022/2023… Read more »