Wednesday, 3rd March 2021
The Chairman of Gulf of Suez Petroleum Company (GUPCO), Mohamed El Meligy, stated that the company has allocated $562 million its planning budget for the fiscal year (FY) 2020/2021 for investments to implement projects in its fields.
Monday, 14th September 2020
Tarek El Molla, the Minister of Petroleum and Mineral Resources, confirmed his support to the General petroleum company praising its production achievements of oil which exceeded 64,500 b/d for the first time despite the current circumstances of Coronavirus pandemic.
Sunday, 30th August 2020
Petro Amir Petroleum Company has announced that its achieved 102% of the set plan targeting to increase the production by drilling developmental well (Gyad 7) with investments $2 million in addition to another discovery one worth $3 million.
Monday, 24th August 2020
The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Kerim said that the rate of production of his company reached 114,000 barrels of oil equivalent per day (boe/d) including more than 38 barrels of crude oil and condensates per day as well as 423 million cubic feet of natural gas per day (cf/d).
Monday, 1st June 2020
The chairman of Egyptian Electricity Holding Company, Gaber Desouki, announced that his company is targeting implementing EGP 32.4 billion investment projects during the fiscal year (FY) of 2020/2021.
Wednesday, 13th May 2020
Minister of Petroleum and Mineral Resources, Tarek El Molla stressed the importance for the Aqua Paris and El Wadi El Gadid for Containers companies to improve their efficiency and the necessity of cutting production costs to face the market competitiveness challenge.
Sunday, 5th April 2020
The CEO of Ethydco Company, Abdel Mageed Heagazy, said that his company is planning to establish the first project in Egypt to produce polybutadiene with investment costs $180 million.
Thursday, 2nd April 2020
The Chairman of Nile Petroleum Company, Nasser Shoman, said that his company is planning to operate new 17 fuel station during the fiscal year (FY) 2020 in addition to establishing sharing stations with the companies which transforming the vehicles to run on natural gas and supplying two airplane units.
Wednesday, 1st April 2020
The Chairman of Fajr Egypt company, Mohamed El Shorbagy, showcased the company’s 2019 achievements and its contribution inside and outside the country, noting that its subsidiary, the Egyptian Jordanian Fajr Natural Gas, has reinforced natural gas usage in Jordan, where 90% of electricity generation now depends on natural gas.
Tuesday, 31st March 2020
The Chairman of Tharwa Petroleum Company, Amr Elleithy, said that the company is planning to drill seven exploratory and developmental wells during 2020, noting that it seeks to obtain six concessions areas and cooperate with major international companies (IOCs) of Total, ExxonMobil, Chevron, BP, and Shell.