Egyptian General Petroleum Corporation (EGPC) | Egypt Oil & Gas - Part 2

Dragon Oil to Boost Investments in Egypt by $650 MM

Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years, according to Hapi Journal   report citing Tayeb Huwair, COO (Non-Operat...

Diesel Consumption Increases to 1.1 MM Tons

Egypt’s diesel consumption has increased to 1.1 million tons per month, a 0.1 million tons year-on-year increase, Abed Ezz El Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), announced, according...

New Petroleum Discovery Achieved in the Western Desert

The Borg El-Arab Petroleum Company has made a new petroleum discovery in the ASH-2 area of Abu Senan concession in the Western Desert, with a production rate of 7,000 barrel of crude oil per day and 10 million cubic f...

EGPC: Monthly Fuel’s Imports Slip to $900 MM in August

The value of the petroleum sector’s imports of monthly fuel retreated to nearly $900 million in August 2019, by about $300–400 million during the same period a year earlier, an official source in the Egyptian General ...

EGPC to Extend Crude Oil Importation from Kuwait

The Egyptian General Petroleum Corporation (EGPC) plans to extend importing crude oil from Kuwait, an official source told Al Maal Newspaper. The source, according to the paper, said it is likely that an announcement ...

Egypt, Kuwait Renew Oil Supply Contracts

According to a press release to Egypt Oil&Gas, the Egyptian General Petroleum Corporation (EGPC) renewed two 3-year commercial contracts with Kuwait Petroleum Corporation (KPC) in the presence of the Egyptian Mini...

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