Egypt

El Molla Issues New Transfers and Promotions

This comes with the aim of supporting petroleum sites with the necessary competencies to achieve future goals and exchanging the necessary experiences.

Nasr Petroleum, Egypt targets refining 2.5mln tons of crude oil in FY2023/24

Nasr Petroleum Company is targeting refining around 2.5 million tons of crude oil in fiscal year (FY) 2023/2024, compared to 2.4 million tons in the last FY, to meet the local market demand, an official at the firm told Al Arabiya Business

Egypt and Yemen explore joint ventures in oil and gas

Egypt and Yemen discuss cooperation in oil, gas, and mining sectors, aiming to revitalise Yemen economy amid political challenges

Saudi-led consortium secures major service contract with Egyptian Petroleum Corporation

A consortium headed by the Saudi-listed ADES Holding Company has inked a milestone service contract with the Egyptian General Petroleum Corporation

Why does OPEC oppose the idea of a fossil fuel phase-out at COP28?

Oil producer group OPEC has called on its members and allies to resist any attempts by the COP28 climate summit negotiations to target fossil fuels in its final agreement

Egypt to export 2 LNG shipments to Europe within week

The Egyptian Ministry of Petroleum and Mineral Resources is preparing to export two shipments of liquefied natural gas (LNG) to Europe within a week

Egypt to sell stake in Wataniya within 2 months at most

The Egyptian government is considering concluding the sale of a stake in the fuel retailer Wataniya within a maximum of a month or two

Emirati energy giant Mubadala seeks to expand in Egypt

The Emirati energy company Mubadala is seeking to inject new investments in Egypt, CEO Mansoor Al-Hamed stated on Thursday during a meeting with Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla.