Belayim Petroleum Company’s (Petrobel) investment plan for the fiscal year (FY) 2025/26 has been increased to approximately $460 million, Tharwat El Gendy, Petrobel’s Chairman, announced in the company’s general...
Middle East Oil Tankage and Pipelines (MIDTAP), Egypt’s operator of oil storage, pipelines, and marine terminal services, handled more than 5 million tons (mmt) of petroleum products in 2025, including diesel, jet fue...
Badr Petroleum Company recorded an average daily production of 6500 barrel of oil equivalent (boe/d), achieving its targets for the first half (H1) of the fiscal year (FY) 2025/2026, said Ibrahim Massoud, the company...
Pharaonic Petroleum Company (PhPC) achieved production of 76,000 barrels of oil equivalent (boe/d) during the first half (H1) of fiscal year (FY) 2025/26. PhPC Chairman Hossam Zaki revealed that this output comprised ...
Petrosannan Petroleum Company, a joint venture (JV) between Ukraine’s Naftogaz and the Egyptian General Petroleum Corporation (EGPC), plans to invest around $40.32 million for the upcoming fiscal year (FY), targeting ...
The Cairo Oil Refining Company (CORC), Egypt’s largest refining entity, plans to invest EGP 679 million in local manufacturing projects during the 2026/27 fiscal year (FY). CORC Chairman Tarek Abdel Latif announced th...
The Egyptian General Petroleum Corporation (EGPC) signed 11 new agreements for oil and gas exploration and production, and 12 contracts for development and production projects during fiscal year (FY) 2024/25, said Sal...
The Egyptian Petrochemicals Holding Company (ECHEM) has contributed 4 million tons per year (mt/y) to the overall output of the domestic petrochemicals industry during the 2024/2025, helping to meet local demand and ...
The Egyptian Natural Gas Holding Company (EGAS) awarded nine new natural gas exploration blocks and finalized six new agreements with total investments of approximately $479 million during fiscal year (FY) 2024/25, a...
Assiut Oil Refining Company (ASORC) processed over 3.1 million tons of crude oil to maximize its production of high-value petroleum products during fiscal year (FY) 2024/25, ASORC Chairman Mahmoud Nagy stated. This c...