Suez Oil Processing Company (SOPC) announced plans to refine two million tons of crude oil during new fiscal year (FY) 2018/2019 in addition to execute new production, innovation and renewal units’ projects for equipment, as well as Health, Safety and Environment (HSE) projects.
Egypt’s General Directorate of Supply and Trade Police has managed to abort 156 attempts to illegally traffic 8.283119 million liters of gasoline and diesel, as well as 56,000 butane cylinders into the black market.
The new budgets of public sector’s oil companies, for fiscal year (FY) 2018/2019, aim at boosting the performance of Egyptian refineries and strengthening their role in securing citizens’ fuel demands, Egyptian Minister of Petroleum and Mineral Resources, highlighted Tarek El Molla.
Egypt 2018 presidential elections would begin abroad on March 26th, The National Electoral Commission (NEC) announced on January 8th during a press conference.
Egypt’s government approved signing three vital international agreements, including around $647.83 million deal with the European Union (EU).
The Egyptian Ministry of Finance plans to issue letters of guarantee for 30 solar energy firms under the terms of phase II of the Feed-in-Tariff (FiT) program.
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, highlighted the necessity of continuous coordination between companies in operating Zohr gas field.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.
Egypt’s BTE2 Well, which is operated by Royal Dutch Shell’s Joint Venture in Egypt, Badr El Din Petroleum Company (BAPETCO), has started production phase on January 7th.
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
