Bidders to Offer $2 B for Edison E&P Assets
Apex International Energy and Neptune Energy are among companies considering bids to purchase up to $2 billion of Edison's exploration and production (E&P) assets in Egypt and Italy.
Egypt | Egypt Oil & Gas - Part 226
Bapetco to Add 40M boe to Reserves
The increase is aimed to be reached through drilling 71 new exploratory and development wells in 2019/20.
Western Desert Produces 60% of Egypt’s Crude Oil
The recent discoveries in the Western Desert confirms that this region still has undiscovered resources, which will encourage international oil companies (IOCs) to increase their exploration and production (E&P) i ...
APRC to Refine 3.9M tons of Crude Oil in 2019/20
APRC plans to produce 1.3 million tons of kerosene and diesel, 1.1 million tons of mazut, 341,700 tons of naphtha for export, 143,500 tons of jet fuel, 90,300 tons of asphalt and bitumen, and 80,300 tons of butane ...
Alexandria Petroleum Company to Refine 4.9M tons of Crude Oil in 2019/20
The company is aiming to produce 1.3 million tons of mazut, 1.3 million tons of naphtha, 1.2 million tons of diesel, 485,000 of jet fuel, 99,100 tons of butane, 37,000 metric tons ofs solvents, and 6,600 tons of n ...
ASORC to Refine 4.1M tons of Crude Oil in 2019/20
Assiut Oil Refining Company (ASORC) plans to refine 4.1 million tons of crude oil during fiscal year (FY) 2019/20, according to company head Mahmoud Hassan.
Egypt Spends EGP 45B on Fuel Subsidies in H1 2018/19
Egypt has spent around EGP 45 billion on fuel subsidies during the first half of fiscal year (FY) 2018/19, Minister of Petroleum Tarek El Molla has said.
AMOC to Delay IPO: Government Official
Alexandria Mineral Oils Company (AMOC) will delay its initial public offering (IPO) on the Egyptian Exchange Market (EGX) after the company posted lower-than-expected profits.
Egypt to Introduce Fuel Pricing Mechanism on 95-Octane in April
Egypt will introduce an automatic price indexation mechanism on 95-octane benzene in April 2019.
CORC to Refine 7.8 M tons of Petroleum in FY 2019/20
The 7.8 million tons will be refined at the Mostorod and Tanta refineries, and will include 750,000 tons belonging to Egyptian Refining Company (ERC).
