Wintershall DEA: New Leading Oil, Gas European Champion
Wintershall Holding GmbH (Wintershall) and DEA Deutsche Erdoel AG (DEA) have completed their merger. Wintershall DEA is now the leading independent gas and oil company in Europe.
News / Egypt
Petroleum Arrows to Recycle 55,000 tons of Used Oil
Petroleum Arrows company plans to expand its oil recycling activities as the company plans to collect around 55,000 tons of used oil at the beginning of 2020.
Electricity Output Increases by 13.53%
Egypt’s electricity production increased by 13.53%, recording 15.1 MWh in January 2019, compared to 13.3 MWh in January 2018.
Weatherford Inaugurates New Kattameya Facility
Weatherford has inaugurated its new Kattameya facility and office space in Cairo in a ceremony that gathered the company’s top management and industry leaders.
Petroleum Ministry Increases Petroleum Products in the Market
The Egyptian Ministry of Petroleum is preparing for Ramadan through increasing the petroleum products amounts pumped into the local market by 15% to 20%, while placing extensive monitoring on distribution from refineries to final distribution stations.
Egypt Diesel Consumption Increases by 10% YOY
Egypt’s diesel consumption increased by 10% YOY in February 2019, recording 1.118 million tons, compared to 1.016 million tons consumed in February 2018.
Petroleum Products Consumption Drops by 11.82% YOY
Egypt’s consumption of petroleum products decreased by around 11.82% year-on-year (YOY) in February 2019 to 2.365 million tons, compared to 2.682 million tons in the same month last year.
Egyptian Butane Imports Drop by 18.78% YOY
Egyptian butane imports decreased by 18.78% year-on-year (YOY), reaching 160,000 tons in February 2019, compared to the 197,000 imported in February 2018.
Egypt’s Natural Gas Production Increases by 24.16% YOY
Egypt’s natural gas output grew by 24.16% year-on-year (YOY), reaching 3.962 million tons in February 2019, up from 3.191 million tons produced in February 2018.
Egypt Invests EGP 6.5 B in Gas Transportation Networks
The total expanded pipelines reached 1.1 million kilometers (km).
