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Egyptian Petrochemical Company Achieves Its Highest Production Ever in 2022/23

During the general assembly of the Egyptian Petrochemical Company in Alexandria for fiscal year 2022/23 chaired by Minister of Petroleum and Mineral Resources Tarek El Molla, Egyptian Petrochemical Company’s Chairman Ahmed Mowakea stated that the company achieved its highest production ever since its founding, as it produced about 82,700 tons of PVC products as well as its planned production of caustic soda by about 70,000 tons.

Cabinet Approves EGPC, Lukoil Exploration Contract

In its meeting No. 257, the Cabinet approved a draft law authorizing the Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation (EGPC) and Lukoil Overseas Egypt.

Renewable Energy Integration: The Low-Hanging Fruit of The Downstream Sector

The growing expenses brought on by increasing demand for energy can be reduced by improving operational efficiency. The same is true for implementing alternative energy sources that increase product profitability while also resolving regional environmental issues and emission targets. A rising interest in incorporating renewable energy technology into oil and gas operations is being driven by this additional aspect. In many situations, incorporating renewable energy technology can also lower operating expenses because of the sharp drops in the cost of energy produced from renewable sources.

Using Deregulation as A Catalyst for Downstream Economic Growth

Deregulation has been the subject of debate between economic intellectuals on all sides of the political aisle. On one side of the spectrum, an argument can be made that deregulation of the downstream sector increases competition but gives too much control to the private sector, especially when it comes to product prices.

Huawei’s Green Field Summit Reveals A Smart, Sustainable Vision for Egypt’s Energy Sector

Seeking to future-proof Egypt’s energy sector with its latest technological innovations, Huawei has launched "Green Field Summit 2023" in cooperation with the Egyptian General Petroleum Corporation (EGPC) outlining its latest key solutions in these fields seeking to boost the oil and gas sector sustainability and efficiency.

Belt & Road Initiative Ten Years on

BEIJING - Visiting Xinjiang, a region located in the Northwest of China, one can be astonished by the amalgamation of diverse traditions, religions, and art forms that continue to shape the region’s unique cultural identity to this day; but this can be explained as the region had served for centuries as a conduit for the exchange of goods, ideas, and people between various civilizations connected by the ancient Silk Road, a network of trade routes that connected the East and West.

Hitachi Energy Supplies Electrical System for First Green Hydrogen Plant for Heating Steel Before Rolling

Hitachi Energy has delivered a modular eHouse solution to Ovako, the leading European manufacturer of steel and one of the largest steel recyclers in the Nordic countries, to electrify the 20 megawatts (MW) electrolyzer in Hofors, Sweden.

Bechtel to Help Poland Build its First Nuclear Power Plant 

Bechtel has announced the opening of a new office in Warsaw, Poland, to support the delivery of Poland’s first nuclear power plant, which will provide clean, reliable, and carbon-free energy to the country.

Madbouly Reviews Efforts of Government Complaints System During August

Regarding the petroleum and mineral resources sector, El Rifai confirmed, through the report, that the Ministry of Petroleum and Mineral Resources received and dealt with 2,178 complaints and reports through the unified government complaints system during the month of August.

ADNOC Gas, PetroChina Sign Agreement for LNG Supply Valued Between $450 -$550M

ADNOC Gas has signed an agreement to supply liquefied natural gas (LNG) to PetroChina International Company Limited, a subsidiary of PetroChina Company Limited.

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