General Petroleum Company (GPC)
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GPC Achieves Production Record of 62,000 bbl/d
Tuesday, 4th August 2020
General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment in 1957.
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El Molla, Fouad Review Environmental Reform Plans
Wednesday, 1st July 2020
Minister of Petroleum and Mineral Resources Tarek El Molla and Minister of Environment Yasmine Fouad followed up on the industrial drainage problem and reviewed the environmental reform plans for petroleum companies operating in the Gulf of Suez.
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GPC Puts NES-16 Well on Production
Monday, 11th November 2019
The General Petroleum Company (GPC) announced that it has discovered a new oil payzone in Abu Rawash D and drilled NES-16 well, pointing out that this step is considered a new step of its kind in the region.
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Fuel Subsidies to Reach EGP 40b
Tuesday, 30th May 2017
Petroleum derivatives subsidies bill will reach around EGP 40b in the last quarter of 2016/2017.
Latest News
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El Molla Reviews Midor Refinery Expansion
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Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
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Agreement with Belgian DEME for Studies of Green Hydrogen Production
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El Molla Inspects Progress of New Alamein Pipeline Project
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021