AMOC | Egypt Oil & Gas - Part 3

AMOC Invited to Cross List on Dubai Exchange

Nasdaq Dubai proposed that Alexandria Mineral Oils Company (AMOC) cross list some of its shares on the Dubai stock market.

AMOC’s Profits Rise 153%

Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.

AMOC Increases Mazut Exports

Alexandria Mineral Oils Company (AMOC) increased its crude mazut exports during the months of May and June.

AMOC Mulls $500M Fuel Oil Refining Complex

Alexandria Mineral Oils Company (AMOC) is considering an investment of $500 million in a mazut refining project to turn mazut into a high-value product.

Opportunity for further Egyptian Investment in Iraq

Iraq offered the Egyptian government the opportunity to invest in several concession areas.

AMOC to Export 3,000 tons of Mazot

Egypt's Alexandria Mineral Oils Company (AMOC) reached an agreement with the State Oil Company of Azerbaijan Republic (SOCAR) over exporting 3,000 tons of Mazot during June 2017.

AMOC to Buy Condensates from Dana Gas

AMOC aims to refine 1,500b/d of Dana Gas’ condensates in its refineries for two months, increasing the amount of condensates to 4,000b/d thereafter.

AMOC Chooses BNY Mellon to Run GDR Program

Alexandria Mineral Oils Company (AMOC) chose the BNY Mellon bank to run its global depositary receipt (GDR) program. It will also hire Baker and McKenzie as the legal consultant.

El Molla Heads AMOC’s General Assembly

Tarek El Molla, headed the extraordinary general meeting of Alexandria Mineral Oils Company (AMOC) as part of his inspection tours to track the refining projects' workflow in Alexandria.

AMOC Invests $800m for Production Increase

Alexandria Mineral Oils Company (AMOC) plans to increase diesel production to be 620,000 tons in 2017/2018.

Page 3 of 4

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password