News / Egypt

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.

El Molla Reviews PPC’s 2022/23 Performance

Minister of Petroleum and Mineral Resources Tarek El Molla praised the Petroleum Pipeline Company's (PPC) pivotal role in developing the national oil transportation network, which supplies consumers with their needs and provides the ability to transport and distribute fuel efficiently and flexibly.

Petrogas Successfully Meets Local Needs of Butane in FY 2022/23

Petrogas Chairman Nabawy Mahmoud has stated that his company provided the domestic market needs of butane during the fiscal year (FY) 2022/23, amounting to 3.52 million tons which decreased by 2.9% compared to the previous FY.

CORC Investments Reach EGP 1.3B in 2022/23

Cairo Oil Refining Company's (CORC) Chairman Wael Rizk reviewed the key performance indicators during the year, noting that the amount of crude oil that was refined amounted to about 8.4 million tons at the company’s refineries in Mostorod and Tanta. 

Nasr Petroleum Pumps EGP1.5B in New Projects During FY 2022/23

The Chairman of Nasr Petroleum Company (NPC) Mohamed Abdullah has announced that the company pumped EGP 1.5 billion as part of its investment plan during the fiscal year (FY) 2022/23 to establish a number of projects aiming to update the operation system and enhance efficiency.

Egypt, Czech Republic Discuss Green Fuel Cooperation Opportunities

The General Authority of Suez Canal Economic Zone's (SCZONE) Chairman Waleid Gamal El-Dein has met with a business delegation from the Czech Republic, in the presence of the Czech Ambassador, Ivan Jukl, at the Authority’s headquarters in the New Administrative Capital.

Cabinet Approves Golden License for GASCO

In its meeting No. 257, the Cabinet approved granting a golden license to the Egyptian Natural Gas Company (GASCO), regarding a project to increase the capacity of the Western Desert Gas Complex with a fourth production line with a design capacity of 600 million cubic feet per day (mcf/d), on an area of about 33 acres in the Industrial Nahda Zone.

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