Qalaa Holdings Explains Reduced Stake in ERC
Qalaa Holdings has confirmed in a market statement that its stake in the Egyptian Refining Company (ERC) has decreased to 13.14% because other shareholders have underwritten additional equity.
EGPC | Egypt Oil & Gas - Part 21
Egypt Pumps 1.2 MM Tons of Diesel across Governorates
The petroleum sector increased the diesel supply across Egypt’s governorates to reach 1.2 million tons per month following the new fuel prices.
Oil Production to Reach 720,000 b/d by 2020
The Petroleum sector seeks to raise its daily crude oil production to reach 720,000 barrels per day (b/d) by the end of fiscal year (FY) 2019/2020.
Government Closely Monitoring Fuel Market
Operations rooms at the Ministry of Petroleum and the Cabinet's Information and Decision Support Center (IDSC) are closely following fuel distribution and transportation prices.
BUE Students Research Nanotechnology in Oil Production
The Faculty of Engineering at the British University in Egypt (BUE) discussed graduation projects by students of the Petroleum Engineering and Gas Technology department (PEGT), led by the use of nanotechnology in ...
EGPC, ESLSCA Ink Agreement for Training Calibers
The Egyptian General Petroleum Corporation (EGPC) signed a cooperation protocol with ESLSCA to train the sector’s leaders, in line with the sector's Modernization Project.
Diesel Consumption Reaches 1.18 MM Tons per Month
The current diesel production rate stands at 500,000 tons per month, covering around 45% of the local consumption.
EGPC to Increase Oil Production by 50,000 b/d
The Egyptian General Petroleum Corporation aims to increase its production of crude oil and condensates by 50,000 barrels per day (b/d), bringing its total production to nearly 710,000 b/d by mid-2020.
Egypt to Pay $500 MM to Settle Gas Case with Israel
The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have agreed to pay $500 million to settle a dispute with Israel Electric Corporation.
Shell, EGPC Sign HR Agreement to Modernize BAPETCO
The agreement was signed by Abed Ezz El Regal, head of EGPC; and Khaled Kacem, Shell's Country Chairman and Managing Director in Egypt, in the attendance of Minister of Petroleum, Tarek El Molla.
