diesel | Egypt Oil & Gas - Part 14

Egypt Saw 10% Rise in Fossil Fuel Usage

An official of the Egyptian Ministry of Petroleum said that the ministry has detected 10% increase in local usage of fossil fuel across all the governorates.

SA’s Sasol Marks Petrol, Diesel Sales Decline

The South African chemicals and energy company Sasol has marked a decline in its sales of petrol and diesel - white product liquid fuel - from 59mb in June 2015 to 58mb in June 2016.

Egypt Receives $650m Fuel Shipments from Saudi Arabia

As part of the five-year agreement that Egypt has with Saudi Arabia to contribute in supplying the country’s fuel needs, Egypt has received shipments of petroleum products worth approximately $650m in May and June 20 ...

EGPC Increases Levels of Petroleum Products Available

The Egyptian General Petroleum Corporation (EGPC) has announced that it will increase the levels of petroleum products distributed in the domestic market in the Holy Month of Ramadan.

Dubai Government Tackles Illegal Diesel Trading

Eight Dubai Government entities joined hands to inspect 12 companies in the emirate involved in the illegal trade of diesel.

Saudi to Secure Egypt’s Fuel Needs for Next 3 Months

Egypt and Saudi Arabia have reached a deal to supply Egypt with a monthly 800,000 tons of petroleum products for three months starting from February 2016.

CBE Secures $400m for Energy Imports

The Central Bank of Egypt (CBE) opened a commercial letter of credit of $400m for the Egyptian General Petroleum Corporation (EGPC), to be paid within three months starting from January.

China Directs Record Crude Imports to Boosting its Fuel Exports

China, the world's second largest oil consumer, has filed a record high crude imports of nearly 9% in 2015, enlarging its domestic reserves, while projecting to increase exports of refined oil products, as its domest ...

European Refineries Seek to Maximize Gasoline Output

European oil refiners aim to maximize gasoline output to meet increased global demand for gasoline and naphtha in the Asian and US markets.

UAE’s Fuel Prices and Petrochems Move in Opposite Directions

The UAE ministry of energy announced it will again lower domestic prices for gasoline and diesel in December.

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