Consumption of gasoline and diesel fell during the first quarter of fiscal year (FY) 2017/2018, according to the Minister of Petroleum and Natural Resources, Tarek El Molla, Amwal Al Ghad reports. Gasoline consumption...
The petroleum-storage facility in Badr City is nearing completion and will begin operations in November 2019, according to the Head of Misr Petroleum, Mohamed Shabaan, Egypt Oil & Gas reports. The facility is cur...
Saudi Arabia might eliminate its gasoline and jet fuel subsidies in November, a source told Bloomberg. Other energy subsidies would remain in place until 2018, according to the source. Subsidies on other fuels would b...
Cairo Oil Refining Company (CORC) refined 4.6 million tons of crude oil in fiscal year (FY) 2016/2017, according to the Head of CORC, Mohamed Hashiesh, Egypt Oil & Gas reports. Hashiesh noted that the company prod...
Iranian President, Hassan Rouhani, launched a new refinery that produces around 12m liters of gasoline in its first phase, reported Arab News. IRNA news agency informed media that Iran has become self-sufficient in pr...
An Official Source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that EGPC’s chamber of operations is working on executing a new strategic plan to fulfill the loca...
Egypt is expected to receive a diesel cargo from Saudi Aramco within the next few days as a part of the contract inked in April 2016. The Egyptian General Petroleum Corporation (EGPC)’s Chairman, Abde Ezz El Reg...
Egypt is set to receive two shipments of gasoline as part of the oil shipments supplied by Saudi Aramco by the end of March. The Egyptian market needs 1.2m tons of diesel fuel per month, 2m tons of fuel oil, 530,000 ...
Speaking to a group of officials in Kerman Province, central Iran, the country’s First Vice-President, Eshaq Jahangiri, said that Iran has now become a major exporter of gasoil, and will soon turn into an exporter of ...
The Liberian government, through the Liberia Petroleum Refining Company (LPRC) and the Ministry of Commerce & Industry, has announced an increase in the prices of gasoline and diesel fuel on the Liberian market mi...