Egypt | Egypt Oil & Gas - Part 336
RASHPETCO, BAPETCO Report Production Gains
Rashid Petroleum Company/Burullus Gas Company (RASHPETCO) and Badr El Din Petroleum Company (BAPETCO) reported production increase for fiscal year (FY) 2016/2017.
WB, IFC to Provide $600M for Oil & Gas Projects
The World Bank and the International Finance Corporation will provide $600 million for oil and gas projects in Egypt.
Petroleum Ministry Injects Fuel in Market before Eid
The Egyptian Ministry of Petroleum and Mineral Resources will inject more fuel into the Egyptian markets ahead of Eid El Adha and the back-to-school season.
AMOC Increases Mazut Exports
Alexandria Mineral Oils Company (AMOC) increased its crude mazut exports during the months of May and June.
AMOC Mulls $500M Fuel Oil Refining Complex
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.
Misr Petroleum to Add 60 Fuel Stations
Misr Petroleum Company will add 60 new fuel stations in fiscal year (FY) 2017/2018.
Shell, Apex to invest $81.4M in Egypt
Apex International Energy and Royal Dutch Shell signed exploration and production (E&P) agreements with the Egyptian General Petroleum Corporation (EGPC).
Production at Atoll Field to Begin in 2017
Natural gas production will begin at the Atoll field in the North Damietta Offshore Concession before the end of 2017.
