Cairo Oil Refining Company's (CORC) Chairman Wael Rizk has stated that the company has implemented investment projects with costs exceeds EGP 1.8 billion during the fiscal year (FY) 2023/24.
Suez Oil Processing Company (SOPC) Chairman Hesham Fathy has announced that the company’s refinery has produced about 1.3 million tons during the fiscal year (FY) 2023/24 which contributes in providing a part of the local market needs of high standard petroleum products.
Minister of Petroleum and Mineral Resources, Karim Badawi, held a discussion session with Sam Dabbous, President & Chief Operating Officer of the IPR Group. The meeting reviewed the company's business and activities in its concession areas in the Western Desert and the Gulf of Suez, as well as its plans to increase oil and gas production rates and develop aging fields.
Prime Minister Mostafa Madbouly has announced that there will be no more electricity cuts and load reduction measures during the coming period, denying rumors of imminent power outages during September.
Khalda Petroleum Company has completed its 2024 summer training program for university students in technical skills related to the oil and gas industry in the company's fields and headquarters.
Minister of Petroleum and Mineral Resources Karim Badawi has held a discussion session with Meg O'Neill, CEO and Managing Director of the Australian company Woodside Energy.
Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with John Ardill, Vice President of Global Exploration at ExxonMobil.
The Chairman of Alexandria Mineral Oils Company (AMOC) Amr Lotfy has announced that the company has achieved net profits in its consolidated financial statements reaching EGP 1.699 billion, while it recorded increase in its separate statements by EGP210 million reaching to EGP1.275 billion during the fiscal year (FY) 2023/24.
Minister of Petroleum and Mineral Resources Karim Badawi has met Guido Brusco, Eni's Chief Operating Officer of Natural Resources, to discuss the latest development of its fields in the East Mediterranean region.
The General Petroleum Company (GPC), headed by Mohamed Abdel Majeed, organized a workshop throughout the week in coordination with ENPPI Company, to set a vision for its work until the year 2030 and develop strategic plans to achieve that vision.
