ERC Contributes 80% to Qalaa Holdings Revenues in 2022
Qalaa Holdings's consolidated revenues reaching EGP 26.981 billion in the second quarter of 2022, making a 165% year-on-year (YoY) increase.
Egypt | Egypt Oil & Gas - Part 147
Capricorn Energy Proposes Combination with NewMed Energy Limited
Capricorn and NewMed Energy companies announced a proposed combination, to create a MENA gas and energy champion and one of the largest upstream energy independents listed in London.
Environment Minister, World Bank Discuss Progress of CCDR Preparation
Minister of Environment Yasmine Fouad held an extensive meeting with representatives of the World Bank (WB) to discuss the latest developments regarding the preparation of the Country Climate and Development Repor ...
Aton Announces Hamama West Gold-Silver Project Updates
Aton Resources Incorporation announced the latest assay results from its Hamama West gold-silver project, which is located in the Company’s 100% owned Abu Marawat Concession, in the Eastern Desert of Egypt.
Egypt’s Petrochemical Output Exceeds 4.3M Tons in 2021/22
Local production of petrochemicals exceeded 4.3 million tons annually in fiscal year (FY) 2021/22, which doubled from around 2.1 million tons produced in 2015/16, the Egyptian Petrochemicals Holding Company's (ECH ...
MIDOR Expansions to Raise Refinery’s Capacity by 60%
The expansion project will enhance its role as one of the important tributaries to feed the local market with its needs, as the project will raise the current production capacity of the refinery by 60% to reach 16 ...
Egypt Aims to Raise Earnings from Natural Gas Exports to $1B Monthly
Minister of Finance Mohamed Maait announced that Egypt aims to increase its earnings from natural gas exports to $1 billion during the upcoming period noting that currently it gets about $500 million monthly from ...
COPETROLE Sales Reach 7.3 M Tons in 2021/22
Co-operation Petroleum Company (COPETROLE) Chairman Ayman Naguib presented the most important business results during the year through its activities in the marketing of main petroleum products, lubricants, ship s ...
Oil, Gas Sector to Participate in Decarbonization Day During COP27
Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with a delegation from the Oil and Gas Committee at the American Chamber of Commerce in Cairo to coordinate efforts to prepare for the part ...
