ETHYDCO Revenues Grow by 34% in 2023
Minister of Petroleum and Mineral Resources Tarek El Molla has witnessed the general assembly meeting of the Egyptian Ethylene and Derivatives Company (ETHYDCO).
News / Egypt
PetroSafe Revenues Reach EGP 670M in 2023
The Petroleum Safety and Environmental Services Company (PetroSafe) has held a general assembly meeting to approve the results of its work for the year 2023 in the presence of the Egyptian General Petroleum Corporation's (EGPC) Chairman Alaa El Batal.
Town Gas Achieves EGP 4B in Revenues
The company achieved total revenues amounting to approximately EGP 4 billion and a net profit exceeding EGP 112 million, an increase of 57% over the previous year, in a first for the company.
Nile Petroleum Company to Add Seven New Natural Gas Stations
The Chairman of Nile Petroleum Company Ahmed Eid has stated that the company has 75 natural gas stations in addition to another 12 that are under construction throughout different areas in upper Egypt.
El Molla Praises the Outstanding Performance of EPROM in Operating Petroleum Projects
Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assembly meeting of the Egyptian Projects Operation and Maintenance Company (EPROM) to approve the results of the company’s work for the year 2023.
Egypt, Bahrain Study Available Opportunities to Collaborate in Petroleum Projects
Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Bahraini ambassador to Egypt Fawzia Zainal and they agreed to prepare a study about the capabilities of the Egyptian companies and the available opportunities to cooperate in petroleum projects in Bahrain.
Centamin Announces 450,058 Ounces of Gold Production in 2023
Centamin plc has announced its full year results for the year 2023, highlighting that gold production reached 450,058 ounces, 2% higher than 2022.
Agiba Petroleum to Pump Investments Worth $500M During FY 2024/25
The Chairman of Agiba Petroleum Company Tharwat Gindy has stated that the company plans to pump $500 million during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil and 119 million cubic feet (mcf) of natural gas.
Pharaonic Petroleum’s Natural Gas Production Reaches 400 mcf/d in H1 2023/24
The company’s Chairman Hossam Zaki indicated its success in achieving daily production rates during the first half of the fiscal year 2023/24, estimated at approximately 400 million cubic feet (mcf/d) of gas per day and 9,300 barrels of condensates per day.
