petroleum
Egypt links price of gasoline rated 95 to global price
Egypt
January 7, 2019
Egypt links price of gasoline rated 95 to global price
The Egyptian government decided to link the sale price of the gasoline with 95 octane ratings to the world…
Petroleum Ministry to put up first international bid for exploration in Red Sea within days
Business
December 10, 2018
Petroleum Ministry to put up first international bid for exploration in Red Sea within days
Minister of Petroleum and Mineral Resources Tarek al-Mulla said that the first international bid for exploration in the Red…
ExxonMobil wants to expand gas activities in Egypt
Egypt
November 10, 2018
ExxonMobil wants to expand gas activities in Egypt
ExxonMobil Company President Bryan Milton expressed his company’s desire to increase its cooperation and expansion in Egyptian oil and…
BP to dig its first exploratory well in Gulf of Suez
Egypt
August 1, 2018
BP to dig its first exploratory well in Gulf of Suez
British Petroleum (BP) will begin digging its first exploratory wells in a new concession area northeast of the Ramadan…
UAE’s Mubadala purchases 10% stake in Shorouk concession area
Business
June 21, 2018
UAE’s Mubadala purchases 10% stake in Shorouk concession area
Petroleum Minister Tarek al-Mulla signed a final contract with the UAE’s Mubadala Petroleum, Italy’s Eni, and the Egyptian Natural Gas…
Govt aims to sell fuel at its cost price: official
Egypt
April 18, 2018
Govt aims to sell fuel at its cost price: official
Spokesman for the Petroleum Ministry Hamdy Abdel Aziz said that the government aims to increase domestic production of petroleum products…
Petroleum warehouse to provide oil for new administrative city begins trial operation
Egypt
December 13, 2017
Petroleum warehouse to provide oil for new administrative city begins trial operation
Egypt’s oil minister, Tarek al-Mula, announced on Tuesday that the Misr Petroleum Company embarked in its operation trial of a…
Venezuela’s Maduro celebrates new assembly, mocks US criticism
World
July 31, 2017
Venezuela’s Maduro celebrates new assembly, mocks US criticism
Venezuelan President Nicolas Maduro on Monday celebrated the election of a new legislative body that is expected to give the…
Official denies Egypt imports LNG from Qatar
Egypt
July 28, 2017
Official denies Egypt imports LNG from Qatar
An official source from the Ministry of Petroleum has said that Egypt has never directly imported natural gas from Qatar,…
No alternative to increasing fuel prices
Economy
June 14, 2017
No alternative to increasing fuel prices
An official source from the Ministry of Petroleum confirmed that there is no alternative to increasing fuel prices, especially since the…