The Minister of Trade and Industry, Neveen Gamea, announced that Egypt is preparing for organizing the first technological exhibition for natural gas vehicles (NGV) conversion and replacement which will be launched in January 2021 under the patronage of the Egyptian President Abdel Fattah Al-Sisi in participation of major NGV manufacturers.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to boost the petroleum sector with the needful efficiencies and achieve future goals.
the United States Trade and Development Agency (USTDA) awarded two grant agreements to Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) total of $1.4 million (mm) to conduct a feasibility study for each company’s refinery development.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has reviewed the significant achievements of the petroleum sector during the period from March up till now despite coronavirus and its consequences.
Oil and gas company Energean has completed its acquisition of Edison Exploration & Production S.p.A. from Edison, according to a press release issued by Energean.
East Zeit Petroleum (Zeitco), a joint venture (JV) between Dana Petroleum Company and Egyptian General Petroleum Cooperation (EGPC), produced 8,000 barrels of crude oil (bbl) from its concession in Egypt, according to Al-Mal newspaper.
Egypt pumps about 19,000 tons of gasoline per day (t/d) denoting that the country has a sufficient stock of gasoline and petroleum products to meet any additional needs of the local market.
The Eastern Mediterranean Gas Forum (EMGF) reviewed the headquarters (HQ) agreement between Egypt and the forum during its first meeting after its official establishment.
The Minister of Industry and Trade, Neveen Gamea stated that Egypt seeks to cooperate with Japan to expand reliance on vehicles run on natural gas.
