Alexandria Mineral Oils Company (AMOC) is considering an investment of $500 million in a mazut refining project to turn mazut into a high-value product.
Apex International Energy and Royal Dutch Shell signed exploration and production (E&P) agreements with the Egyptian General Petroleum Corporation (EGPC).
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Sinopec's Vice President, Ling Yiqun, to discuss joint cooperation and investments opportunities in Egypt’s hydrocarbon sector.
Consumption of crude oil, condensates, and butane fell to 3.02 million tons in June from 3.49 million tons in June 2016, a year-on-year (y-o-y) decline of 13.5%.
The Egyptian President, Abdel Fattah El Sisi, met with the CEO of Russia's State Atomic Energy Corporation ROSATOM, Alexey Likhachev, to discuss Egypt’s plans for a nuclear power plant at El Dabaa.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the CEO of Engie, Philip Olivier, to discuss Engie’s participation in Egypt’s liquefied natural gas (LNG) market.