Egypt’s Refineries Are Operating at 79% Capacity

• Wednesday, 30th November 2016
• by Sarah Samir

The Egyptian Minister of Petroleum, Tarek El Molla, stated that the ministry has estimated the unused capacity of Egyptian refineries at 6.7mt/y of crude oil. National refineries’ annual operational capacity is ...

Iran to Export 6m Barrels of Crude to India

• Thursday, 22nd September 2016
• by Egypt Oil & Gas

India is turning to Iran for 6m barrels of crude oil as it seeks to build up its strategic reserves, after talks with United Arab Emirates (UAE) stalled, Oil Price reported. State firm Bharat Petroleum Corp will buy 4...

Iranian Crude Exports to Asia Expected to Increase

• Wednesday, 30th March 2016
• by Egypt Oil & Gas

Iranian crude export to the Asian markets in February jumped by about 25% from a year earlier to levels last seen in 2014, as latest market figures show, according to Press TV. The rise came as shipments into India an...

Egypt to Take Part in Oil and Gas Projects with Iraq

• Tuesday, 15th March 2016
• by Egypt Oil & Gas

The Ministry of Petroleum seeks to expand its foreign activities through oil and gas production in Iraq, Al Borsa reported. Egyptian public sector companies such as Petrojet and ENPPI will complete work in the country...

China Sees Decline in Crude Imports and Fuel Exports

• Tuesday, 16th February 2016
• by Egypt Oil & Gas

China records crude imports drop over 4. 6%, net fuel exports fall by 76% month-on-month in January and gross fuel exports decline by 30% month-on-month, informed Bloomberg citing calculations based on General Adminis...

China to Influence Oil Prices through Crude Futures Exchange

• Thursday, 19th March 2015
• by Egypt Oil & Gas

China plans to allow foreign investors to trade its proposed crude futures contract as the world’s second-largest oil consumer seeks to bolster its influence in determining benchmark prices. The Shanghai International...