General Assembly | Egypt Oil & Gas - Part 2

ECMR Expands Operations to Include Tin Ore, Targets Production Boost

The Egyptian Company for Mineral Resources (ECMR) targets increasing production to a total of about 593,000 tons of various ores, especially phosphate, along with other minerals like quartz and talc in addition to ...

SMRC Increases Gold Production, Targets 6 Tons in 5 Years

Shalateen Mineral Resources Company's (SMRC) total gold production increased to more than 900 kilograms during 2024 from the Iqat mine and adopting the artisanal and small-scale mining system (ASM)—a framework tha ...

Tharwa Petroleum Expands Proven Reserves by 3.5 mmbbls in 2024

Tharwa Petroleum Company has recorded a rise in proven reserves amounting to 3.5 million barrels (mmbbl) in the West Kalabsha area, located in Egypt’s southern desert, opening new horizons for development operatio ...

SIDPEC Net profits Surge to EGP 2.5B in 2024 Despite Global Challenges

Sidi Kerir Petrochemicals Company (SIDPEC) generated an outstanding net profit of EGP 2.539 billion in 2024, a 3% increase from last year, despite global economic and geopolitical challenges. The General Assembly ...

MOPCO Generates Record EGP19.65B Revenues, Boosts Ammonia, Urea Exports to Europe

Misr Fertilizers Production Company (MOPCO) achieved a remarkable fiscal year performance in 2024, reporting revenues of EGP 19.650 billion and a net profit of EGP 15.120 billion, reflecting a 153% growth compared ...

Emarat Misr Reviews 2024 Performance, Outlines Expansion Plans

Emarat Misr Petroleum Products Company held its general assembly in presence of Minister of Petroleum and Mineral Resources, Karim Badawi, to discuss and approve the results of 2024. The company's General Manager ...

EKH Reports Robust FY 2024 Results with $642M Revenue Surge

Egypt Kuwait Holding (EKH) has announced its fiscal year (FY) results for 2024, revealing a $642 million rise in revenues, a 40% growth in gross profit margin and a 39% increase in earnings before interest, taxes, ...

Egypt Gas Strengthens Regional Presence in 2024, Plans 15% Annual Growth

Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements acr ...

Cargas Oil Sales Surge 54%, Converts 258,000 Vehicles to Natural Gas

Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Natural Gas Vehicles Company (Cargas) to review its fiscal year results in 2024, reaffirming the ministry’s full su ...

ECMR’s Revenues Grow by EGP 92M During FY 2023/24

Egyptian Company for Mineral Resources (ECMR) Chairman Hany Mostafa stated that the company’s revenues recorded an increase of 36%, equivalent to EGP 92 million, reaching EGP 1,098 billion during the fiscal year ( ...

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