News / Egypt
Petroneel Increases Its Fuel Stations to 60
State-run El-Neel Oil Marketing Company (Petroneel) informed that it has increased the number of its car service and fuel stations to 60 in Upper Egypt and Red Sea governorates, according to company's Chairman, Amr El-Kaaky.
MIDOR’s Recorded $100m Profit in 2015
The Ministry of Petroleum has announced that MIDOR's profits in 2015 amounted to $100m.
UK’s New Perspective to Supply Egypt with Styrene
The Egyptian Styrene & Polystyrene Production Co. (E-Styrenics) and the UK-based New Perspective have signed a one-year renewable agreement for the supply of raw styrene for industrial purposes, Egypt Oil & Gas reported.
Oil Ministry Confirms BG’s West Delta Deep Marine Commitment
An official at the Ministry of Petroleum denied reports that gas company BG had halted production and development of two stages of its offshore West Delta Deep Marine project.
Egypt Signs Five-Year Oil Deal With Riyadh
Egypt signed an agreement with Saudi Arabia, under which the North African nation will meet its needs of oil products for five years, according to the Egyptian International Cooperation Ministry.
Egypt’s $3.1b Debt to Foreign Partners to Be Paid Off in EGP
Engineer Mohamed Al Masry, Head of the Egyptian General Petroleum Corporation (EGPC), said that Egypt's financial debts to foreign partners amount to $3.1b, which the government will continue paying off.
EGAS Processes Applications for Gas Imports
The Egyptian Natural Gas Holding Company (EGAS) has received applications from four companies seeking to import natural gas to supply to the domestic market through the national grid.
Enppi Announces 19% Increase in Profits
Enppi's Chairman and CEO, Engineer Imam El-Said, announced that the company's profits have increased in 2015 by 19% to reach EGP 570m in comparison to the year before.
