General-Assembly meeting | Egypt Oil & Gas

Egypt’s Petrochemical Industry Takes Significant Strides Toward Self-Sufficiency

Minister of Petroleum and Mineral Resources Karim Badawi has affirmed the significant role of the petrochemical industry as an essential component of the national economy and a base for promoting local industries ...

AMOC Reports Robust FY 2023/24 Performance, Plans New Projects to Enhance Productivity and Energy Efficiency

The Chairman of Alexandria Mineral Oils Company (AMOC) Amr Lotfy has announced that the company has achieved net profits in its consolidated financial statements reaching EGP 1.699 billion, while it recorded incre ...

GUPCO Average Production Reaches 57,000 bbl/d in FY 2023/24

Chairman of Gulf of Suez Petroleum Company (GUPCO) Salah Abdel Kareem has announced that the company’s average production recorded 57,000 barrels per day (bbl/d) during the fiscal year (FY) 2023/24 and pumped inve ...

Modern Gas Achieves Revenues of EGP 2.45B in 2022

Chairman of Modern Gas Mohamed Qandil stated that the company has achieved revenues of EGP 2.45 billion in 2022 which increased by 9.6% compared to the previous year.

AMOC Scores 262% Increase in Net Profits in FY 2021/22

Alexandria Mineral Oils Company (AMOC) Chairman Amr Lotfy announced that his company’s profits have increased by 262% during fiscal year (FY) 2021/22, recording EGP 1 billion compared to EGP 399 million in the las ...

GPC Records Highest Production Rate in FY 2018/19

Minister of Petroleum and Mineral Resources Tarek El Molla have hailed the achievements that the General Petroleum Company (GPC) accomplished during the fiscal year (FY) 2018/19, especially achieving 4 oil discove ...

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