Tuesday, 15th September 2020
Saad Helal, the Chairman of Egyptian Petrochemicals Holding Company (ECHEM), stated that his company is rapidly working on implementing number of new projects of its national plan for the period of 2020/2035.
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.
Tuesday, 1st September 2020
The Chairman of Qarun Petroleum Company, Ashraf Abdel Gawad, said that his company has pumped investments during the fiscal year (FY) of 2019/20 worth $190 million.
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.
Thursday, 21st May 2020
SDX company announced that its entitlement production recorded 8,061 barrel of equivalent per day (boe/d) which is increased by 117% during the first quarter (Q1) of the fiscal year (FY)2020, compared to 3,715 boe/d produced in Q1 of FY 2019 despite coronavirus outbreak.
Tuesday, 28th April 2020
BP announced that it recorded a drop in its underlying replacement cost profit for Q1 2020 to $800 million, down from $2.4 billion in the same period in 2019.