Petroleum Minister Reviews MIDOR Development, Expansion Projects

During his visit to Alexandria, Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting to follow up on the progress of implementing new projects to increase production and raise operational efficiency at the Middle East Oil Refinery (MIDOR).

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Egypt establishes National Council For Green Hydrogen to boost green investment

The Egyptian Cabinet has approved the creation of the National Council for Green Hydrogen to stimulate green investment, as part of the country plan to promote sustainable social and economic development.

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bp unveils plans to drill four exploratory gas wells in Egypt

British oil and gas company bp is planning to drill four wells for natural gas exploration in Egypt during the fourth quarter of this year, reported Egypt Independent, citing the Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla.

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EGYPES 2024 Set to Elevate Emerging Start-ups and Revolutionary Low Carbon Tech through CLIMATECH Challenge

In line with Egypt ambition to be a global energy trading hub and its target to reduce 10% greenhouse gas emissions by 2030, the seventh edition of the Egypt Energy Show (EGYPES) is set to introduce the CLIMATECH Challenge, an initiative that is a collective response to climate change, featuring start-ups that are creating value and offering innovative solutions to accelerate net-zero greenhouse gas emissions.

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British oil major BP to invest $3.5 bln in Egypt in 3 years: CEO

The British multinational oil major BP said its investment plans with partners in Egypt in the fields of search, exploration and development amount to $3.5 billion over the coming three years.

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ElMolla Inspects Land for New Petrochemical Projects in Alamein

Tarek El-Molla, Minister of Petroleum and Mineral Resources, inspected the land for new petrochemical projects in the industrial zone in the new city of El Alamein.

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Egypt announces new oil discovery in Gulf of Suez

Egyptian petroleum ministry on Tuesday announced a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez.

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US energy company Apache Corporation pledges $1.4 bln investments in Egypt next year

The US-based energy company Apache Corporation plans to invest around $1.4 billion in Egypt in 2024, stated John Christmann, CEO and President of Apache parent company APA Corporation, during a meeting with Egyptian Prime Minister Mostafa Madbouly.

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