The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with the heads of the leading firms in terms of crude oil production in the petroleum sector: Petrobel, Khalda, Qarun, Badr El-Din, A ...
The attacks on Saudi Aramco’s installations will have no effect on its listing plans in the stock market, according to Amin Nasser, Aramco’s CEO.
Saudi Aramco will provide India’s Reliance Industries with agreed volumes and grades of crude oil in October 2019.
SOMO sold the 2 million barrels at a premium of a little more than $1 per barrel to its official selling price (OSP).
Alexandria Petroleum Company (APC) raised the refining of crude oil 10% more in fiscal year FY 2018/19 than the previous year, reaching 4,8 million tons. This increase contributed to saving oil products valued at ...
Assiut Oil Refining Company (ASORC) has reviewed its achievements during the fiscal year (FY) 2018/19, which include meeting around 60-65% needs of Upper Egypt provinces in relation to oil products, a press releas ...
The Gulf of Suez Petroleum Company’s (GUPCO) average production level from its Ras Shouqair crude oil field has reached around 61.7 thousand barrels per day (b/d) in fiscal year (FY) 2018/19.
Tarek El Mola, the Minister of Petroleum announced that average crude oil production reached 630,000 barrels per day (b/d) and that the petroleum sector aims to reach 690,000 b/d by the end of this fiscal year (FY ...
Egypt is negotiating a contract renewal with Kuwait to import its crude oil to Egypt with double the quantity and adjustments to the merit rating scale.
The Ministry of Petroleum is currently implementing $8.031 billion worth of projects in the refineries across Egypt to increase its refining capacity and to achieve the best efficiency in the petroleum products pr ...
