Minister of Petroleum and Mineral Resources Karim Badawi has held an extensive workshop at the ministry’s headquarters in the New Administrative Capital on investment opportunities in the field of research, exploration and production offered through the Egypt Upstream Gateway (EUG).
Prime Minister Mostafa Madbouly has held a meeting to follow up on efforts to provide the petroleum products needed to operate power stations.
Minister of Petroleum and Mineral Resources Karim Badawi has welcomed the entry of John Cockerill International into a partnership with Scatec and the companies participating in the implementation of the green ammonia production project in Damietta Governorate.
The Prime Minister Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources karim Badawi to review several topics especially the latest updates of paying the arrears for the foreign partners and the results for the new incentives launched by the Ministry of Petroleum and Mineral Resources (MoPMR) to boost exploration and production operations.
Minister of Petroleum and Mineral Resources, Karim Badawi, issued a number of transfers and assignments across the oil and gas sector companies.
Apache announced that Greg McDaniel has been appointed vice president and country manager for the company's Egypt asset.
Co-operation Petroleum Company (Copetrol) Chairman Nasser Shouman stated, in a presentation on the company’s progresses, that it sold 7.5 million tons of petroleum products during the fiscal year (FY) 2023/24.
Assiut Oil Refining Company (ASORC) has won in the major projects category of the National Initiative for Smart Green Projects (NISGP) at the level of Assiut, Red Sea, and New Valley governorates.
The Alexandria National Refining and Petrochemicals Company (ANRPC) has won second place in the National Initiative for Smart Green Projects in the governorates of Alexandria, Matruh and Beheira through its participation with a hydrogen fuel project to be used as an alternative to natural gas.
Abu Qir Fertilizers Company (AFC) achieved total revenues of about EGP 28.87 billion during fiscal year (FY) 2023/24, compared to EGP 28.59 billion during the previous year, an increase of 57% over what was planned and an increase of 1% over the preceding year.
