gasoline | Egypt Oil & Gas - Part 7

Egypt Saw 10% Rise in Fossil Fuel Usage

An official of the Egyptian Ministry of Petroleum said that the ministry has detected 10% increase in local usage of fossil fuel across all the governorates.

Kuwait Plans to Raise Gasoline Prices

Kuwait plans to raise the prices of gasoline to 73% by September in light of the oil price decline affecting the energy-rich Gulf state’s finances.

Ministry of Petroleum to Expand Midor’s Refineries in 2019

The Egyptian Ministry of Petroleum and Mineral Resources seeks to invest $1.6b in a project that aims to expand the refining facilities of the Middle East Oil Refinery (Midor) in order to meet the domestic demand of ...

EGPC Increases Levels of Petroleum Products Available

The Egyptian General Petroleum Corporation (EGPC) has announced that it will increase the levels of petroleum products distributed in the domestic market in the Holy Month of Ramadan.

Nigeria’s Forte Oil Seeks to Raise $502m for Expansion

Nigeria's Forte Oil said it plans to raise up to $502m to expand its operations in the country and will seek shareholders' approval at its annual General Meeting in April.

Europe’s Guvnor, Vitol Record First Gasoline Shipment to Iran

Europe’s trading giants Guvnor and Vitol shipped their first gasoline to Iran vying for Iranian market share to gain a foothold in the Iranian oil supply.

US Gulf Oil, First Foreign Co. to Enter Mexico’s Gasoline Market

US based Gulf Oil LP it is entering Mexico's gasoline retail market, becoming the first foreign company to do after the energy reform that ended more than seven decades of government monopoly in the sector.

CBE Secures $400m for Energy Imports

The Central Bank of Egypt (CBE) opened a commercial letter of credit of $400m for the Egyptian General Petroleum Corporation (EGPC), to be paid within three months starting from January.

European Refineries Seek to Maximize Gasoline Output

European oil refiners aim to maximize gasoline output to meet increased global demand for gasoline and naphtha in the Asian and US markets.

Former Minister: Official Cost for Liter of Gasoline EGP7

The official cost for a liter of gasoline in Egypt is EGP7, said Osama Kamal, the former Minister of Petroleum.

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