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Good opportunities for GPC to make further discoveries: El-Molla
Four oil discoveries achieved with 2,800 barrels per day production rate, says Abdel Sadik

Egypt has excellent investment opportunities in all stages of petroleum industry: El-Molla
We adopt advanced mechanisms face oil prices fluctuations, says Minister of Petroleum

US Secretary of Energy participation in East Med Gas Forum is a clear indication of support to forum’s objectives: El-Molla
Egypt’s Minister of Petroleum, Greek counterpart agree on boosting oil, gas cooperation

El-Molla approves Energean acquisition of Edison’s concessions in Egypt
Greek company competed with RWE, Neptune and Cairn, says industry source

Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum
Renewal is essential to secure subsidy allocations from price changes, says El-Molla

Tremendous efforts to exploit Egypt’s mineral wealth: El-Molla
Investments for project estimated at $800m

Investments of hydrogen cracking complex in Suez amount to $2.35bn: Minister of Petroleum
Four projects worth $309m were completed to raise efficiency of refineries

Foreign partners’ investment in 2019/20 scores $10bn
Dues owned to foreign companies will be fully paid this year, says petroleum minister

Western Desert produces 60% of Egypt’s crude oil: El-Molla
Minister called on foreign oil companies to intensify exploration efforts in region

Four petrochemical projects with $1.5bn investments to be implemented: El-Molla
Atoll’s production will increase to 400m feet of gas in October

Income of mining sector to increase from 2% of GDP within five years: Petroleum Minister
We aim to achieve revenues worth $64bn from mining by 2030: Saudi Energy Minister

Wood Mackenzie completed mining sector development strategy: El-Molla
Egypt to host 15th Middle East Mining Conference next week

Petroleum Minister demands establishing new units to increase production of 3 public petroleum companies
Tarek El-Molla’s request came after Saudi giant ARAMCO expressed readiness to increase the pumped amounts of petroleum

Baker Hughes awarded subsea contract by Petrobel for phase 2 development of Zohr gas field
BHGE will provide project management, engineering procurement, fabrication, construction,