El Molla
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EDC’s Onshore Market share Increases 80% in 2020
Tuesday, 6th April 2021
The Egyptian Drilling Company (EDC) has announced that it managed to increase it market share within the onshore drilling market by 80% during 2020 despite the challenges of the pandemic compared to 60% in 2019.
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New Transfers Movement in Petroleum Sector
Tuesday, 6th April 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum sector to support the petroleum companies and sites with the needed competences and expertise that could achieve the future goals.
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PhosPhate Misr Sales Rise by 9% in 2020
Monday, 5th April 2021
PhosPhate Misr Company achieved 2.4 million tons of its phosphate sales in 2020, representing 9.2% over 2019, despite the effects of COVID-19 pandemic, according to a press release.
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Petroleum Arrows Transports 11 MM Liter of Petroleum Products Daily in 2020
Thursday, 25th March 2021
Petroleum Arrows Company transported about 11 million liter of petroleum products per day during 2020, representing 25.5%, according to a press release.
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El Molla Follows Up on Natural Gas Stations Expansion Developments
Thursday, 25th March 2021
The Minister of Petroleum and Mineral Resource, Tarek El Molla, held the regular meeting to review the executive procedures of the expansion project of natural gas stations, and natural gas car conversion during the current fiscal year (FY) 2020/2021 as per presidential initiative to replace, and convert cars to run on natural gas, according to a press release.
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MIDOR Refines 36.5 mmbbl in 2020
Monday, 22nd March 2021
MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, directing 86% of these products to local market, the press release reported.
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Women Represent 33% of Senior Management in Oil, Gas Sector: El Molla
Monday, 22nd March 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, praised that women represent 33% of the total senior management, and also represent 30% of the total of employment in the oil and gas sector, the press release reported.
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EPROM Achieves Highest Performance Rates in 2020
Sunday, 21st March 2021
The Egyptian Projects Operation and Maintenance (EPROM) Company has achieved the highest rates of performance, and assets’ preservation in its various sites during 2020, according to a press release.
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El Molla inspects Upgrade of Mostorod Area
Sunday, 21st March 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed developing cooperation warehouse of Mostorod project with EGP 400 million, and the renewal of the storage warehouses, shipping platform to meet the international standards, according to a press release.
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El Molla Appoints New Head for AMOC
Sunday, 21st March 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued new transfer movement in Alexandria Mineral Oil Company (AMOC), according to Al-Ahram.
Latest News
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GPC Strikes Oil in Abu Sennan Concession
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Petromaint’s Profits Leap 24% in 2020
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EDC’s Onshore Market share Increases 80% in 2020
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UOG Achieves New Discovery in Abu Sennan Concession
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.34 | -1.81% |
Crude Oil (Brent) Brent | USD/bbl | 63.65 | -1.87% |
NYMEX Natural Gas | USD/MMBtu | 2.57 | -2.50% |
OPEC Basket Price | USD/bbl | 63.07 | -0.47% |
Last Modified April 5, 2021