Petro Disouq Obtains ISO Certificates
Disouq Petroleum Company (Petro Disouq) was able to obtain the ISO 14001 & 45001 certificates for its headquarters in Cairo and its fields in Gharbia Governorate.
News / Egypt
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
WEPCO to Ramp Up Oil Production by 120% in 2022/23
The Western Desert Operating Petroleum Company (WEPCO) announced that it targets increasing oil production rates by 120% reaching to 6,000 barrels per day (b/d) during the fiscal year (FY) 2022/23.
Egypt’s Petrochemicals Revenues Grow by 50% in FY 2020/21
Fitch Solutions announced that Egypt's petrochemical production has reached 3.34 million tons during the fiscal year (FY) 2020/21, achieving 50% growth in its revenues on an annual basis.
El Molla Reviews Progress of National Natural Gas Stations Initiative
The Minister of Petroleum and Mineral Resources Tarek El Molla has conducted a meeting with natural gas vehicles supply and car services companies to review the progress of the nation's gas station building program.
Oil, Electricity Ministers Meet to Discuss Fuel Needs of Electricity Plants
Minister of Petroleum and Mineral Resources Tarek EL Molla held a meeting with Minister of Electricity and Renewable Energy Mohamed Shaker and senior officials to discuss securing the natural gas and liquid fuel needs of electricity plants nationwide.Â
El Molla Launches Natural Gas Fueling Station in Shorouk City
Minister of Petroleum and Mineral Resources, Tarek El Molla, launched the new Cargas/Watania natural gas-fueling station in Shorouk City.
Fuel Prices Increased by EGP 0.25 in Q1 2022
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q1 2022.
Wintershall Dea Exits Gulf of Suez Concession
Wintershall Dea has announced its exit from the Gulf of Suez concession as it decided to focus on natural gas production as a part of its Energy Transition Pathway.
Egypt Connects Natural Gas to 13M Households Until January 2022
Minister of Petroleum and Mineral Resources Tarek El Molla announced that the Egyptian government connected natural gas to 13 million housing units since the start of operation and until the end of January 2022.
