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 | Egypt Oil & Gas - Part 4
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.
