General Assemblies | Egypt Oil & Gas

WEPCO Produces 9 mmbbl of Oil from Brownfields

WEPCO Chairman Ibrahim Masoud said that the Western Desert Operating Petroleum Company (WEPCO) managed to produce 9 million barrels of oil (mmbbl) from brownfields and achieved a 400% increase in extractable reserves ...

El Molla Approves Agiba, Pharaonic Petroleum Budget Plans for FY 2023/24

Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assemblies of Agiba Petroleum Company and Pharaonic Petroleum Company to approve their budget plans for fiscal year (FY) 2022/23 and t...

El Molla Highlights the Importance of Developing Petroleum Products Distribution Companies

Minister of Petroleum and Mineral Resources Tarek El Molla has highlighted the importance of the development carried out in many petroleum products distribution companies. He said that this development allows these co...

COPETROLE Sales Reach 7.3 M Tons in 2021/22

Co-operation Petroleum Company (COPETROLE) Chairman Ayman Naguib presented the most important business results during the year through its activities in the marketing of main petroleum products, lubricants, ship suppl...

CORC Refined 8.9M Tons of Crude Oil in 2021/22

Cairo Oil Refining Company’s (CORC) Chairman’s Assistant Youssef Tohamy reviewed the most important performance indicators during fiscal year (FY) 2021/22, stating that the amount of crude oil that was ref...

ASORC Refines 3.4 Million Tons of Crude Oil in 2021/22

Assiut Oil Refining Company (ASORC) refined about 3.4 million tons of crude to supply petroleum products to the local market at a value of EGP 47 billion, during fiscal year (FY) 2021/22, ASORC’s Chairman Maged ...

EMC Business Grows By 118% in 2021

Egypt Maintenance Company (EMC) announced that it has achieved  EGP 14. 4 billion worth business during 2021, an increase of 118% from the previous year, a press release issued by the Ministry of Petroleum and Mineral...

El Molla Discusses Budget Plans of Khalda, Qarun

Minister of Petroleum and Mineral Resources Tarek El Molla chaired the general assemblies for Khalda Petroleum Company and Qarun Petroleum Company to approve the budget plans for the fiscal year (FY) 2022/23 and the r...

El Molla Approves Petroshrouk, PETROBEL Budget Plans

Minister of Petroleum and Mineral Resources Tarek El Molla chaired the general assemblies of Petroshrouk and Belayim Petroleum Company (PETROBEL) to approve their revised budget plans for the fiscal year (FY) 2021/22 ...

El Molla Approves GUPCO, Agiba, Pharaonic Petroleum Companies 2022/23 Budget Plans

Minister of Petroleum and Mineral Resources Tarek El Molla emphasized the importance of increasing exploration and discovery activities during general assemblies of Gulf of Suez Petroleum Company (GUPCO), Agiba, and P...

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