General Assemblies
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Petroleum Sector’s ERP Program to Be Finalized by Q4 2021
Tuesday, 8th September 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla said the they are currently implementing the program of Enterprise Resources Planning (ERP) which came in the framework of digitizing the petroleum sector noting that it will be finalized at the end of 2021.
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Copetrole, Misr Petroleum State FY 2020/2021 Goals
Sunday, 19th January 2020
The general assemblies of Cooperation Petroleum company (Copetrole) and Misr Petroleum Company were held on January 19, to approve their budget planning of fiscal year (FY) 2020/2021, headed by the Minster of Petroleum and Mineral Resources, Tarek El Molla.
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El Molla Reviews Petroleum Projects in Upper Egypt
Sunday, 19th January 2020
The Minister of the Petroleum and Mineral Resources, Tarek El Molla, asserted the importance of the axial role of the Egyptian refineries in the sustainable market settlement in terms of the availability of the petroleum products and securing the fuel supplies.
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SOPC, NPC Report 28%, 20% Increases in Production
Monday, 11th September 2017
The Suez Oil Processing Company (SOPC), Nasr Petroleum Company (NPC), and Petroleum Pipelines Company (PPC) reported on their operations for fiscal year (FY) 2016/2017. -
RASHPETCO, BAPETCO Report Production Gains
Wednesday, 30th August 2017
Rashid Petroleum Company/Burullus Gas Company (RASHPETCO) and Badr El Din Petroleum Company (BAPETCO) reported production increase for fiscal year (FY) 2016/2017. -
GUPCO, Pharaonic Report on Production, Exploration
Monday, 21st August 2017
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla reviewed the annual production and activity of Gulf of Suez Petroleum Company (GUPCO) and Pharaonic Petroleum Company for fiscal year (FY) 2016/2017.
Latest News
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021