Petroneel Earns $7.5 M from Fueling Jets
The company further earned $7.6 million from fueling ships in the ports of Safaga, Hurghada, Nuweiba, Sharm El Sheikh, El Hamrawein, and Abu Tartur.
Egypt | Egypt Oil & Gas - Part 219
Electricity Generated from Renewables Increases by 24.9% YOY: CAPMAS
Electricity generated from renewable resource in Egypt increased by 24.9% year-on-year (YOY), recording 2,780 GWh in FY 2016/17.
MIDOR Refines 43.8 M Barrels of Oil in 2018
The company produced 5 million tons of different high quality petroleum products that meet global standards.
Inpector Capital Acquires Scimitar Production Egypt
The company further revealed that it has appointed Erik Vollebregt as Executive Chairman of Scimitar Production Egypt. Previously, Vollebregt had served as the Commercial and Finance Director of Shell Nigeria.
Benban Solar Park to Provide 1.8 GW Electricity: EBRD
Benban Solar Park will cover around 37 km2 of desert with solar panels in 2019, providing around 1.8 Gigawatt (GW) of electricity.
Egypt to Invest $1.5 B in 4 Petrochemical Projects
The Egyptian Ministry of Petroleum plans to allocate $1.5 billion over four years to expand the petrochemical industry through four new petrochemical projects.
Maridive Operates 47 Vessels
The vessels include 24 AHTs, 24 OSV, 16 complementary vessels including tugs, mooring boats, and crew boats, as well as seven CSV including DSV and MPSV.
Ethydco’s Polyethylene Production Hits 381,000 tons
Ethydco achieved targeted production last year, covering local demand and increasing exports.
Power Plants Comprise 65% of Local Gas Consumption
Households and factories follow power plants in natural gas consumption.
GASCO’s Distribution Rises 6% in 2018
Developing the national grid is an essential component in Egypt’s strategy to become a regional hub for natural gas
