APICORP | Egypt Oil & Gas
APPO Approves Egypt’s Suggestion for Promoting African Petroleum Industry
The African Petroleum Producers Organization (APPO) approved the Minister of Petroleum and Mineral Resources Tarek El Molla’s suggestion to establish a task force to strengthen the cooperation between APPO’s mem...
APICORP to Increase Callable Capital to $8.5 B
Arab Petroleum Investments Corporation (APICORP) has announced the ratification for an increase in callable capital from $1 billion to $8.5 billion, according to a press release. This increase is the largest increas...
APICORP Posts Net Income of $112 Million
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, reported a 17% year on year increase in income to $112 million in 2019, up from $96 million the previous year. AP...
Apicorp Anticipates Petrochemical Investments’ Value in 2019-2023
According to the Gas Investments Outlook 2019-2023 released by the Arab Petroleum Investment Corporation (Apicorp), petrochemical investments in the Middle East and North Africa (MENA) region are expected to drop by $... APICORP to Loan $250 M to Sonatrach
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, will loan Algeria’s Sonatrach a $250 million for two facilities, according to Pipeline Oil and Gas. The first loa...
ECHEM, Methanex Egypt Host PSM Conference
Methanex in Egypt, in partnership with the Egyptian Petrochemicals Holding Company (ECHEM), held the second edition of the annual Process Safety Management (PSM) Conference, titled “Modernizing Process Safety Manageme... APICORP Profits Rise 30% in H1
The Arab Petroleum Investments Corporation (APICORP) announced achieving a 10% increase in net profits during H1 2019 to $70.4 million. Meanwhile, gross operating income grew by 30% to $184.1 million, compared with th...
SUPSC, Apicorp Sign Methanol Project Contract
Suez Petroleum Services Company (SUPSC) has signed a memorandum with Arab Petroleum Investments Corporation (Apicorp) for funding a methanol derivatives project, Egypt Oil & Gas reports. Apicorp will provide betwe...
