Egyptian refinery
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Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B
Monday, 28th September 2020
The Egyptian President Abdel Fattah Al Sisi has opened the Egyptian Refinery in Mostorod at a cost of $4.3 billion equals to EGP 70 billion which is one of the most important petroleum refineries in Egypt and Africa by producing 4.7 million tons of petroleum products per year.
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Qalaa Holdings Receives $120 M for ERC
Thursday, 30th May 2019
The final tranche was requested by ERC's project finance lenders and is divided into $70 million for capital increase and $50 million for shareholders' loan.
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Qatar backs $3.6bn Egyptian refinery
Monday, 24th September 2012
Qatar Petroleum International (QPI) will join Egypt's Orient Company and the Egyptian General Petroleum Corporation (EGPC) in their venture to set up a new $3.6bn refinery in Greater Cairo.
Latest News
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021