gasoline | Egypt Oil & Gas - Part 7
El Molla Modifies Gas, Oil Shipments Repayment
The Egyptian Ministry of Petroleum has modified all the concluded contracts with foreign companies to supply petroleum products and gas shipments to the country. Among the modifications is an extension of the period o...
Egypt Saw 10% Rise in Fossil Fuel Usage
An official at the Egyptian Ministry of Petroleum stated to Egypt Oil&Gas that the ministry has spotted 10% increase in local usage of fossil fuel across all the governorates. The ministry’s official said th...
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, Reuters reported. The price for the ultra gasoline grade would increa...
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 p... 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. According to an announcement by E...
Nigeria’s Forte Oil Seeks to Raise $502m for Expansion
Nigerian Forte Oil, which owns a power plant and sells gasoline in the country, plans to raise as much as $502m in equity or debt this year as it aims to double profit and expand its activities, Bloomberg reported. It... 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, reported Oil Price. As Platts previously wrote, Vitol delivere...
US Gulf Oil, First Foreign Co. to Enter Mexico’s Gasoline Market
US based Gulf Oil LP is entering Mexico’s gasoline retail market and becoming the first foreign company to do so after the energy reform ended more than seven decades of government monopoly in the sector. Gulf O... 
