ETHYDCO Boosts Domestic Sales, Expands Exports to 35 Countries in 2024

• Tuesday, 19th August 2025
• by Doaa Ashraf

The Egyptian Ethylene and Derivatives Company (ETHYDCO) has fully met its production target for 2024, leading to a rise in domestic sales as well as increasing its export destinations to 35 international markets, part...

NORPETCO Drills 13 New Wells, Adds 1.5Mn Barrels in Reserves in FY 2024/2025

• Tuesday, 12th August 2025
• by Doaa Ashraf

North Bahariya Petroleum Company (NORPETCO) has commenced crude oil production from the Ferdous-23 well, drilled 13 new other wells exceeding its annual target, and added 1.5 million barrels of proven reserves. The st...

Tharwa Petroleum Expands Proven Reserves by 3.5 mmbbls in 2024

• Monday, 19th May 2025
• by Doaa Ashraf

Tharwa Petroleum Company has recorded a rise in proven reserves amounting to 3.5 million barrels (mmbbl) in the West Kalabsha area, located in Egypt’s southern desert, opening new horizons for development operations t...

El Molla Reviewed EGAS Fiscal Results

• Wednesday, 21st September 2016
• by Sarah Samir

A press release from the Egyptian Ministry of Petroleum and Mineral Resources stated that the minister, Tarek El Molla, headed the General Assembly of the Egyptian Natural Gas Holding Company (EGAS) to review its fisc...

Petrobel’s Business Results for 2015/2016

• Tuesday, 30th August 2016
• by Sarah Samir

Egypt-based Balaeim Petroleum Company (Petrobel) invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016. Petrobel’s CEO, Atef Hassan, stated that an amount of $426m of the ment...