General Assembly

El Molla Chairs General Assemblies of Misr Petroleum, Cooperation Petroleum Companies

During the two assemblies, El Molla pointed out the importance of the oil sector's companies continuing their development and modernization plans in various aspects of petroleum activities. This development brought these ancient entities back on the right track and turned them into economic entities that efficiently manage their activities.

El Molla Chairs General Assembly of APC, APRC

Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Alexandria Petroleum Company (APC) and Amreya Petroleum Refining Company (APRC), via videoconference, to approve their budget plans for fiscal year (FY) 2022/23.

El Molla Chairs Modern Gas First General Assembly

The meeting was held via video conference to discuss and review the company’s work plans in the field of natural gas delivery in nine governorates across the country.

El Molla Chairs First General Assembly of Iqat Gold Mining Company

During the meeting, El Molla pointed out the launch of an ambitious plan to start early production of commercial gold detection in the Iqat area in the eastern desert of Egypt during the coming period in light of the high possibilities of the gold extraction rate of discovery, where the average concentration of gold is 1.5 grams per ton.

Ganope Achieves High Production Rate in 2020-21

Ganounb El Wadi Petroleum Holding Company (Ganope)’s Chairman Alaa El Batal announced the company’s success at achieving a daily average rate of 21,500 barrels per day (bbl/d) of crude oil, 6000 tons of butane, and 3.6 billion cubic feet per day (bcf/d) of natural gas during fiscal year (FY) 2020/21.

El Molla Urges Continued Development of Refinery System

Minister of Petroleum and Mineral Resources, Tarek El Molla, stressed the importance of continued development and modernization of the refining system to improve performance efficiency and reduce waste.

GPC Production Hits New Record of 74,000 boe/d

General Petroleum Company’s (GPC) production rate jumped to 74,000 barrels of oil equivalent per day (boe/d), setting a new record for the company since its establishment in 1957.

Copetrole Market Share Expands to 30%

Cooperation Petroleum Company’s (Copetrole) market share of main petroleum products reached 30% while its share of oils stood at 21%, Ayman Naguib, Company’s Chairman, announced during a video conference chaired by Minister of Petroleum and Mineral Resources, Tarek El Molla.

Misr Petroleum Sells 6.4 M Tons of Petroleum Products in 2020/21

Misr Petroleum Company's sales amounted to 6.4 million tons of petroleum products in fiscal year (FY) 2020/21, the company's Chairman Mohamed Shaaban said.

El Molla Reviews EPC Performance in 2020/21

EPC was assigned the implementation of the first phase of the project to raise the production capacity of the PVC product from 80,000 tons annually to 100,000 tons.

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