The petroleum-storage facility in Badr City is nearing completion and will begin operations in November 2019, according to the Head of Misr Petroleum, Mohamed Shabaan, Egypt Oil & Gas reports. The facility is cur...
Egypt’s consumption of diesel decreased 0.9% to 1.165 million tons in July 2017, compared to 1.176 million tons in the same period of 2016, Egypt Oil & Gas reports. Meanwhile, diesel production increased to ...
Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016, according to the Hea...
Egypt pumps around 300,000 tons of diesel per week in order to cover fuel needs of the country’s different sector, Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said, according to...
Diesel subsidies’ cost reached around EGP 150m per day following the recent fuel price increase as every 1 litre of diesel is subsidised by EGP3, Deputy Head of the Egyptian General Petroleum Corporation (EGPC),...
Egypt’s Cabinet decided to cut fuel subsidies in order to ease the budget deficit. The decision led to an increase in benzene and diesel prices. Egyptian Prime Minister, Sherif Ismail, said that economic reform ...
An Official Source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that EGPC’s chamber of operations is working on executing a new strategic plan to fulfill the loca...
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla said that Egypt had received two cargoes of diesel fuel from Saudi Aramco at a luncheon organized by the British Egyptian Business Association....
The Egyptian Ministry of Electricity and Renewable Energy estimated the amount of oil and gas it will need during summer 2017 at 4.1bcf/d of gas, 23,000 tons/d of mazut, and 3,000 tons/d of diesel, reported Al Borsa. ...
The Liberian government, through the Liberia Petroleum Refining Company (LPRC) and the Ministry of Commerce & Industry, has announced an increase in the prices of gasoline and diesel fuel on the Liberian market mi...