Egypt

PM follows up efforts to secure local oil needs

Published on : 2022-10-04

Prime Minister Moustafa Madbouly said Monday that Egypt is following up developments of the current global crises with the aim to reduce their severe repercussions for the Egyptian economy.

Madbouly was speaking during a meeting with Petroleum Minister Tareq al-Molla to discuss efforts to secure oil products to meet needs of the local market, especially in light of the Russian-Ukrainian tension.

The meeting also took up the global energy price hikes, with Molla assuring that the petroleum sector is acting to increase Egypt’s production of high quality oil and reduce imports.

Egypt, Italy probe cooperation in petroleum, renewable energy fields

According to a statement on April 22nd

Shell Egypt and Partners Launch 11th Phase Development in Nile Delta Offshore Concession

Shell Egypt, along with partners EGAS, EGPC, and Petronas, have agreed to commence the 11th development phase in Egypt Nile Delta offshore West Delta Deep Marine (WDDM) concession in the Mediterranean Sea.

El Molla Reviews Methanex Plant Progress: Boosting Methanol Production and Sustainability

Minister of Petroleum and Mineral Resources Tarek El Molla recently inspected progress at the Methanex plant in Damietta, reviewing state-of-the-art facilities and production units designed for maximum safety and global sustainability