Cairo Oil Refining Company
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Egypt to Build New Oil Refineries Worth $7 B
Monday, 11th January 2021
Egypt is implementing new oil refineries and projects in Cairo, Alexandria, Assiut, and Suez with investments about $7 billion. The Minister of Petroleum and Mineral Resources, Tarek El Molla, attributed the new refineries' success to meeting and securing the local market needs of petroleum products.
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Petroleum Sector’s ERP Program to Be Finalized by Q4 2021
Tuesday, 8th September 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla said the they are currently implementing the program of Enterprise Resources Planning (ERP) which came in the framework of digitizing the petroleum sector noting that it will be finalized at the end of 2021.
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Petroleum Geographical Subcommittees Expand Across Egypt
Thursday, 27th August 2020
The Petroleum Geographical Committee has conducted its regular meeting to discuss the division of petroleum subcommittees across the country.
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GPC Strikes Oil in Abu Sennan Concession
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Petromaint’s Profits Leap 24% in 2020
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EDC’s Onshore Market share Increases 80% in 2020
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UOG Achieves New Discovery in Abu Sennan Concession
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.34 | -1.81% |
Crude Oil (Brent) Brent | USD/bbl | 63.65 | -1.87% |
NYMEX Natural Gas | USD/MMBtu | 2.57 | -2.50% |
OPEC Basket Price | USD/bbl | 63.07 | -0.47% |
Last Modified April 5, 2021