General Assembly

  • GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time

    GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time

    Monday, 14th September 2020

    Tarek El Molla, the Minister of Petroleum and Mineral Resources, confirmed his support to the General petroleum company praising its production achievements of oil which exceeded 64,500 b/d for the first time despite the current circumstances of Coronavirus pandemic.

  •  Petro Amir, Petro Safe Report  Startling  Results

     Petro Amir, Petro Safe Report Startling Results

    Sunday, 30th August 2020

    Petro Amir Petroleum Company has announced that its achieved 102% of the set plan targeting to increase the production by drilling developmental well (Gyad 7) with investments $2 million in addition to another discovery one worth $3 million.

  • BAPETCO Produces 114,000 BOE/D During FY 2019/20

    BAPETCO Produces 114,000 BOE/D During FY 2019/20

    Monday, 24th August 2020

    The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Kerim said that the rate of production of his company reached 114,000 barrels of oil equivalent per day (boe/d) including more than 38 barrels of crude oil and condensates per day as well as 423 million cubic feet of natural gas per day (cf/d).

  • Egyptian Electricity Holding Targets EGP 32.4 Billion Investments in 2020/21

    Egyptian Electricity Holding Targets EGP 32.4 Billion Investments in 2020/21

    Monday, 1st June 2020

    The chairman of Egyptian Electricity Holding Company, Gaber Desouki, announced that his company is targeting implementing EGP 32.4 billion investment projects during the fiscal year (FY) of 2020/2021.

  • El Molla Urges Merger of Aqua Paris, El Wadi El Gadid for Containers

    El Molla Urges Merger of Aqua Paris, El Wadi El Gadid for Containers

    Wednesday, 13th May 2020

    Minister of Petroleum and Mineral Resources, Tarek El Molla stressed the importance for the Aqua Paris and El Wadi El Gadid for Containers companies to improve their efficiency and the necessity of cutting production costs to face the market competitiveness challenge.

  • Ethydco To Establish Ploybutadiene Project Worth $180 Million

    Ethydco To Establish Ploybutadiene Project Worth $180 Million

    Sunday, 5th April 2020

    The CEO of Ethydco Company, Abdel Mageed Heagazy, said that his company is planning to establish the first project in Egypt to produce polybutadiene with investment costs $180 million.

  • Nile Petroleum to Operate New 17 Fuel Station in 2020

    Nile Petroleum to Operate New 17 Fuel Station in 2020

    Thursday, 2nd April 2020

    The Chairman of Nile Petroleum Company, Nasser Shoman, said that his company is planning to operate new 17 fuel station during the fiscal year (FY) 2020 in addition to establishing sharing stations with the companies which transforming the vehicles to run on natural gas and supplying two airplane units.

  • Fajr Egypt Boosts Jordan’s Electricity

    Fajr Egypt Boosts Jordan’s Electricity

    Wednesday, 1st April 2020

    The Chairman of Fajr Egypt company, Mohamed El Shorbagy, showcased the company’s 2019 achievements and its contribution inside and outside the country, noting that its subsidiary, the Egyptian Jordanian Fajr Natural Gas, has reinforced natural gas usage in Jordan, where 90% of electricity generation now depends on natural gas.

  • Tharwa Petroleum to Drill Seven Wells in 2020

    Tharwa Petroleum to Drill Seven Wells in 2020

    Tuesday, 31st March 2020

    The Chairman of Tharwa Petroleum Company, Amr Elleithy, said that the company is planning to drill seven exploratory and developmental wells during 2020, noting that it seeks to obtain six concessions areas and cooperate with major international companies (IOCs) of Total, ExxonMobil, Chevron, BP, and Shell.

  • Petroleum Arrows Transports 10 MM Liter of Petroleum Products Daily

    Petroleum Arrows Transports 10 MM Liter of Petroleum Products Daily

    Tuesday, 31st March 2020

    Petroleum Arrows has transported more than 10 million liter of petroleum products per day during 2019, with an increase of 24.5% compared to the previous year.

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