The Production and Maintenance teams at Badr Eldin Petroleum Company (BAPETCO) have successfully implemented creative ideas helped in reducing the fuel consumptions by 1,825,000 liters per year and carbon emissions by...
Egypt consumes the equivalent of $55 billion worth of fuel supplies, which is provided by the oil and gas sector annually at an actual cost ranging between $20-22 billion, Minister of Petroleum and Mineral Resources T...
Commercial and household’s electricity prices for Fiscal Year (FY) 2019/2020 and FY 2020/2021 will increase by 19% starting from July, the Minister of Electricity and Renewable Energy Mohamed Shaker announced du...
Mostafa Madbouly, the Prime Minister, held a meeting with the Heads and Representatives of companies’ that manufacture microbuses and minibuses to present the government’s plan to expand in manufacturing new bi-fuel v...
Misr Petroleum’s sales of 92-octane benzene has decreased since the government made further cuts to fuel subsidies in mid-June, an anonymous source at the company told Amwal Al Ghad. The source said that demand ...
Egypt’s Ministry of Electricity is set to pay EGP 700m to the Ministry of Petroleum and Mineral Resources, as part of the arrears it owes for fuel used for electricity production, Daily News Egypt reported. Offi...
Egypt’s fuel imports bill reduced by 9% due to decrease consumption of power plants, vehicles, and demand in general during the winter months when compared to the warmer summer season, reported Al Borsa. A sourc...
In a statement to Egypt Oil&Gas, a source from the Egyptian oil and gas sector stated that the Egyptian General Petroleum Corporation (EGPC) is considering to launch a tender to import 700,000 tons of benzene, die...
Iran has announced the resumption of swaps of crude oil for petroleum products with the Caspian littoral states – Turkmenistan and Kazakhstan, after a five year suspension, reported Press TV. The National Iranian Oil ...