The MoU was signed at the conclusion of the eleventh session of the Egyptian-Libyan Joint Higher Committee headed by Mostafa Madbouly, Egypt's Prime Minister, and Abdul Hamid Dbeibeh, Prime Minister of Libya.
The company produced 72,000 tons of butane, 938,000 tons of mazut, 440,000 tons of 80-octanes benzene, and 955,000 tons of diesel.
Alexandria Petroleum Company (APC) refined around 5 million tons of crude oil in fiscal year (FY) 2020/21, producing EGP 48 billion worth of petroleum products.
EIGHTEEN has signed an agreement with TAQA Power for the electrification of “EIGHTEEN project” and to put in place an effective distribution network to meet the developers needs with a highly reliable & effective power solutions.
Pharos's President and CEO Ed Story announced that the signing of the Egyptian farm-out and The Infill Development Programme in Vietnam indicate that the medium-term outlook for the Company is a return to free cash flow.
The American University in Cairo AUC-07 team has claimed the first runner-up position in Shell’s “Imagine the Future” global competition for the 2020/21 season.
Nasr Petroleum Company (NPC) has exported quantities of petroleum products with a total value of more than $1 billion, recording an increase of 23% compared to the previous year, Mohamed Abdullah, Chairman of the company, announced.
SOPC's production of butane, 80-octanes and 92-octanes benzene, mazut, and diesel fuel contributed to providing some of the needs of the local market.
The company has also taken a verbal slogan for its activities, "We work together for a better future," which reflects concerted efforts to achieve the Ministry of Petroleum's strategy to expand the gas delivery to households.
Khalda Petroleum Company has made 4 new oil discoveries, recording total reserves of around 21 million barrels of oil equivalent, the company’s chairman, Saeed Abdel Moniem, announced.
