This came during the Minister of Petroleum and Mineral Resources, Tarek El Molla, visit with several official leaders in the petroleum sector to a number of refining projects in Alexandria in which he reviewed the operational programs of the productivity units and the work environment, in addition to the precautionary measurements posted by the country against coronavirus.
President Abdel Fattah Al-Sisi has Instructed to preserve the state's strategic reserves of petroleum products.
The Head of Petrogas Company, Raafat Abdel Hady, said that Egypt is working hard to provide sufficient butane cylinders over the country despite the current situation of coronavirus at a cost of EGP 65.
Gastec cancels car conversion's late premium penalties.
MIDOR company has issued a tender to sell a cargo of gasoil containing 0.1% Sulphur in May.
The General Manager of Centamin Egypt company, Youssef El Raghy, uncovered that the Egyptian government’s total profits from Al Sukari gold mine is about to reach EGP 5.8 billion since it has officially been a stakeholder until now.
Western Desert Operating Petroleum Company’s (WEPCO) production has reached 3,500 barrels per day (bbl/d) after streamlining well Badr 4-6.
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced yesterday to cut oil production by 10 million barrels per day (mmbbl/d) effectively from May 1 through June 30, curbing global oil supply by 20%.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to cut overall oil production by 10 million barrels per day (mmbbl/d) effectively from May 1 through June 30, 2020.
