Tag: petroleum

Government agencies owe petroleum ministry total of EGP 160bn: Ministry official

By Mohamed Adel Government agencies currently owe the Ministry of Petroleum a…

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Majority of cabinet’s economic team reappointed

Abdel Nour to handle SMEs while Al-Araby takes on administrative development

Sara Aggour Sara Aggour

Raising fuel prices increases corruption and burden on the poor: Petroleum expert

Government reduced allocations for petroleum subsidies to approximately EGP 104bn from EGP…

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88% decline in consumption of 95-octane gasoline in the domestic market: EGPC report

Cars belonging to the presidency, cabinet, and embassies used 5,000 tons of…

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EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president

The total amount of investments that are hoped to be collected from…

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Introduction of new gas wells will reduce power outages: Petroleum minister

A large part of foreign contracting for importing liquefied natural gas has…

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Government will be unable to meet fuel subsidy bill proposed in budget: Former petroleum minister

Arab countries offered a petroleum grant last year valuing EGP 80bn, which…

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Ministry of Tourism, E-Finance to provide diesel fuel smartcards for hotels, transportation companies

The tourism sector receives diesel fuel at EGP 1.10 per liter, and…

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Nuclear energy platform will see immediate start: Al-Sisi campaign

Al-Sisi's electoral platform not limited to solving energy crisis with replacement of…

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The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts

The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…

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