Coronavirus | Egypt Oil & Gas - Part 2
GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time
General Petroleum Company (GPC) has succeeded in achieving a new record for its crude oil production, which exceeded 64,500 barrels per day (bbl/d) for the first time despite the challenges of coronavirus, a press rel...
The Egypt Petroleum Show (EGYPS) to Take Place in May 2021 with Over 500 Exhibitors and 35,000 Attendees Expected
The High Executive Committee of the Egypt Petroleum Show (EGYPS 2021) has announced that its fifth edition will be held in the period from May 31 to June 2 of 2021 under the theme of “North Africa and the Mediterranea...
Irani Nirouhlor’s Exports Reach 5,000 Tons Despite Coronavirus
The CEO of Nirouchlor Company, Vahid Namnik, said that the company’s petrochemical exports to Europe amounted to 5,000 tons despite the restrictions imposed due to coronavirus, according SHANA. He added that his compa...
Saudi Aramco’s Profit Declines 73% in Q2
The major Saudi oil company, Aramco reported that its profit declined by 73% to 24.6 billion riyals in the second quarter of 2020 compared to 92.6 billion during the same period of the previous year , due to the drop...
Gasoline, Diesel Demand Shows Signs of Recovery in Mexico
According to data issued by the Energy Secretariat (SENER), diesel and gasoline demand in Mexico continue to recover as business and industrial operations are coming back gradually despite the increase of number of co...
Energy Transfer to Cut Expenditures on Growth Projects
Energy Transfer announced that it is cutting spending this year on growth projects by $200 million. The company added that this came in line with a decline of the gas pipelines volumes due to the reduction of crude pr...
Saudi Mining Sector Increases 3.1% During Q1 2020
Saudi Arabia’s mining sector has achieved a growth rate of 3.1% during Q1 of the current year despite the exceptional circumstances of coronavirus, Saudi Press Agency reported. According to Al Eqtisadiah newspap...
El Molla: Petroleum Sector Contributes 27% of GDP
The Minister of Petroleum and Mineral Resources, Tarek El Molla, said the Egyptian petroleum sector achieved unprecedented production rates of natural gas, noting that that petroleum sector achieved %27 of the gross d...
