ministry of petroleum
Egypt implements first fuel price hike of 2024
Egypt
March 22, 2024
Egypt implements first fuel price hike of 2024
Egypt’s Ministry of Petroleum raised fuel prices on Friday. The increase applies to all octane levels and diesel. Following repeated…
Twenty oil wells drilled in the Zohr field, daily production at 2.2 billion cubic feet of gas: official
Business
September 5, 2023
Twenty oil wells drilled in the Zohr field, daily production at 2.2 billion cubic feet of gas: official
Twenty oil wells have been drilled in the Zohr gas field while several others are currently being drilled, as the…
Fuel prices raised by 25 piasters in Egypt starting Friday
Egypt
February 4, 2022
Fuel prices raised by 25 piasters in Egypt starting Friday
The Petroleum Products Automatic Pricing Committee announced on Friday of increasing the price of all types of gasoline by 25…
Egypt denies importing Iranian Oil: Petroleum Ministry
Business
November 5, 2018
Egypt denies importing Iranian Oil: Petroleum Ministry
Sources from the Ministry of Petroleum have denied that Egypt has imported any crude oil or oil products from…
Egypt adds 15th developmental well to Noroos gas field
Egypt
July 17, 2018
Egypt adds 15th developmental well to Noroos gas field
Minister of Petroleum Tarek al-Mulla announced the addition of the “Niduko South West 3” well to the production map…
Govt aims to sell fuel at its cost price: official
Egypt
April 18, 2018
Govt aims to sell fuel at its cost price: official
Spokesman for the Petroleum Ministry Hamdy Abdel Aziz said that the government aims to increase domestic production of petroleum products…
Egypt to provide UK with LNG Shipment soon: LNG World News
Egypt
April 8, 2018
Egypt to provide UK with LNG Shipment soon: LNG World News
The UK is expected to receive liquefied natural gas (LNG) shipments from Egypt’s Shell-operated Idku liquefaction plant soon, according to…
16 natural gas projects worth $25 bn planned in Mediterranean
Business
April 6, 2018
16 natural gas projects worth $25 bn planned in Mediterranean
Minister of Petroleum and Mineral Resources Tariq al-Mulla said that Egypt has many opportunities to support the growth of gas…
Egypt aims to cut fuel imports to 10 percent of consumption by 2019
Business
June 4, 2017
Egypt aims to cut fuel imports to 10 percent of consumption by 2019
Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy
May 18, 2017
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…