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 reser ...

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 a ...

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.

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 s ...

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 refined rea ...

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

Assiut Oil Refining Company (ASORC) successfully 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 Chai ...

EMC Business Grows By 118% in 2021

Egypt Maintenance Company (EMC) announced that it has achieved a high growth in its business  worth EGP 14. 4 billion during 2021 increasing by 118% from the previous year.

El Molla Discusses Budget Plans of Khalda, Qarun

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

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) companies, via video conference, to approve the revised budget pl ...

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

El Molla pointed out the importance of continuing to increase exploration and discovery activities and drilling wells in order to increase production rates of crude oil and natural gas and to compensate for the na ...

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