Petroleum Minister
Minister: 15 agreements on gas, oil exploration to be signed in days
Business
September 9, 2014
Minister: 15 agreements on gas, oil exploration to be signed in days
Minister of Petroleum Sherif Ismail said 15 agreements on oil and natural gas exploration will be signed in the upcoming days,…
Petroleum Minister: US$5.9 billion in debts to foreign companies
Egypt
August 13, 2014
Petroleum Minister: US$5.9 billion in debts to foreign companies
Petroleum Minister Sherif Ismail said that he is negotiating to pay foreign companies some US$5.9 billion in debts.He added after…
Minister: Power outage could reach 6 hours daily due to fuel shortage
Egypt
April 3, 2014
Minister: Power outage could reach 6 hours daily due to fuel shortage
Power outages could be extended from two and a half hours to 6 hours aday due to fuel shortage, Minister…
Energy subsidy expected to increase up to LE140 billion by end of fiscal year
Business
February 5, 2014
Energy subsidy expected to increase up to LE140 billion by end of fiscal year
Petroleum Minister Sherif Ismail said petroleum products subsidy is expected to increase by 10 percent by end of the current…
Petroleum minister denies crisis over repayment of debts
Business
October 22, 2013
Petroleum minister denies crisis over repayment of debts
Minister of Petroleum and Mineral Resources Sherif Ismail denied in a press statement on Tuesday that international oil companies operating in…
Egypt considering nine fuel exploration offers, minister says
Egypt
August 4, 2013
Egypt considering nine fuel exploration offers, minister says
Nine international companies have submitted offers for oil and gas exploration projects in Upper Egypt, Anadolu news agency quoted Petroleum…
Minister looks to revitalize mineral exploitation
Business
January 31, 2013
Minister looks to revitalize mineral exploitation
Minister of Petroleum and Mineral Resources Osama Kamal said Egypt is using only five percent of its mineral resources due…
Petroleum minister takes steps toward legalizing gold excavation in south
Egypt
January 12, 2013
Petroleum minister takes steps toward legalizing gold excavation in south
Egypt has accelerated its efforts to prevent the illegal excavation of gold in the Eastern Desert, trying to convince local…
Govt says has no intention to abolish subsidies
Business
September 24, 2012
Govt says has no intention to abolish subsidies
Petroleum Minister Osama Kamal said the government has no intention of canceling subsidies of petroleum products from which the poor…