SCZONE signs MoU with Toyota Tsusho for infrastructure projects

MoU targets Japanese investments logistics, renewable energy, water support, green and blue hydrogen production, and green and blue ammonia production in SCZONE

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Protocol to Benefit from Services of National Emergency Network

Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the signing ceremony of the cooperation protocol with the Armed Forces to benefit from the services of the National Network for Emergency and Public Safety.

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Toyota Tsusho Discusses Producing Blue Amonia in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has discussed with the General Manager of Energy Infrastructure Projects at Toyota Tsusho Corporation Tokuji Koyama the initial study prepared by his company to evaluate the available opportunities for establishing blue ammonia projects in Egypt.

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Egypt appoints 13 new ministers in Cabinet reshuffle

President Abdel Fattah el-Sissi of Egypt has announced a Cabinet reshuffle to improve his administration performance as it faces towering economic challenges stemming largely from Russia war in Ukraine

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Egypt Dims Lights to Free Up More Natural Gas for Export

Egypt is curbing some electricity use to free up for export more of the natural gas that feeds its power plants, helping generate much-needed foreign currency, Prime Minister Mostafa Madbouly said.

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Russia Finds a New Oil Trading Route Via Tiny Egyptian Port?

A cargo of about 700,000 barrels of Russian oil was delivered to Egypt El Hamra oil terminal on its Mediterranean coast early on July 24. A few hours later, another vessel collected a consignment from the port — which may have included some or all of the Russian barrels — according to vessel-tracking data monitored by Bloomberg.

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EL-Molla Discuss Expansion of ExxonMobil’s Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met a delegation from ExxonMobil chaired by Hugo Detre, the company EAME Retail Sales and Marketing Manager, to discuss the expansion and development of the company’s investments in fuel distribution in Egypt.

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Egypt’s Suez Canal records all-time high monthly revenue of $704m

Egypt Suez Canal has recorded $704 million revenues during July, the highest monthly figures in its history.

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