• Crude Oil (WTI) 72.07 USD/bbl +1.27%
  • Crude Oil (Brent) 76.00 USD/bbl +1.40%
  • NYMEX Natural Gas 2.32 USD/MMBtu +6.14%
  • OPEC Basket Price 76.06 USD/bbl -0.41%

El Molla Announces New Petroleum Bid Round in 23 Areas via EUG

Minister of Petroleum and Mineral Resources Tarek El Molla has announced a new international petroleum bid round by the Egyptian General Petroleum Corporation (EGPC) and South Valley Egyptian Petroleum Holding Company (GANOPE) via the Egyptian Upstream Gateway (EUG) platform. 


GPC Produces 74,000 boe/d in 2022/23

During the general assembly of the General Petroleum Company (GPC), Minister of Petroleum and Mineral Resources Tarek El Molla praised the development of the company’s production and the projects that were implemented in exploration and development activities, occupational safety and health, and environmental compatibility.


Alexandria Petroleum Refines 4.8M Tons of Crude During FY 2022/2023

Alaa Amin, the Chairman of Alexandria Petroleum Company (APC), has stated that his company has refined 4.8 million tons of crude oil during the fiscal year (FY) 2022/23 which helped in providing petroleum products worth more than EGP 85 billion.

f Amreya Petroleum Company

Amreya Petroleum Provides 3.2M Tons of Petroleum Products During FY 2022/23

The Chairman of Amreya Petroleum Company Hossam Shawky has stated that his company has provided the market with 3.2 million tons of petroleum products during the fiscal year (FY) 2022/23 including diesel, mazut, octane, butane, kerosene, as well as basic and special oils and wax.


ASORC Converts 3.3M Tons of Crude Oil into Petroleum Products in 2022/23

ASORC’s Chairman Maged El Kurdi reviewed the most important results of its work during the fiscal year 2022/23, explaining the success of the refinery there in converting about 3.3 million tons of crude oil to petroleum products for the local market worth $3 billion.


El Molla Inaugurates Egypt's First ADNOC Fueling Stations

Minister of Petroleum and Mineral Resources Tarek El Molla accompanied by Khaled Abdel Aal, Governor of Cairo, and Ambassador Mariam Al Kaabi, UAE Ambassador to Cairo, inaugurated the first car service and fueling stations for the Emirati company ADNOC in Egypt, which is located in the Degla area in the Maadi district.


Egyptian Petrochemical Company Achieves Its Highest Production Ever in 2022/23

During the general assembly of the Egyptian Petrochemical Company in Alexandria for fiscal year 2022/23 chaired by Minister of Petroleum and Mineral Resources Tarek El Molla, Egyptian Petrochemical Company’s Chairman Ahmed Mowakea stated that the company achieved its highest production ever since its founding, as it produced about 82,700 tons of PVC products as well as its planned production of caustic soda by about 70,000 tons.



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