Petroleum Ministry: Contract Signed to Establish New Gasoline Producing Complex in Assiut

• Monday, 30th March 2015
• by Egypt Oil & Gas

Sherif Ismail, Minister of Petroleum and Mineral Resources, witnessed the signing of a contract for the establishment of a new complex for the production of high octane gasoline (CCR) for the Assiut Petroleum Refining...

Chinese Raw Material Imports Slow During Holiday

• Monday, 9th March 2015
• by Egypt Oil & Gas

China’s imports of commodities eased again in February, as the Lunar New Year holiday week took a bite out of shipping volumes, preliminary customs data showed on Sunday. Premier Li Keqiang said on Thursday the ...

Petroleum Ministry: Stabilizing Local Production and Import Programs for Butane

• Thursday, 5th March 2015
• by Egypt Oil & Gas

Hamdi Abdel Aziz, the Ministry of Petroleum’s official spokesman confirmed the stabilisation of domestic production of butane from refineries and fields of production, in addition to the stabilisation of butane ...

35% Savings on Petroleum Subsidies Due to Oil Prices Decline

• Monday, 12th January 2015
• by Egypt Oil & Gas

Savings on petroleum product subsidies will reach an estimated 35% of the current value of EGP 100 billion for the FY 2014/2015 budget if current oil prices continue as is, Minister of Petroleum Sherif Ismail said in ...

South Korea poised to halt Iran oil imports from July

• Tuesday, 22nd May 2012
• by Egypt Oil & Gas

South Korea will effectively become the first of Iran’s major Asian customers to halt oil purchases from July 1, when a European Union insurance ban will prevent further imports. South Korea’s largest oil ...

Bahrain, Shell agree to study gas supply, imports

• Monday, 2nd February 2009
• by Egypt Oil & Gas

Bahrain and Royal Dutch Shell signed an agreement to study gas imports to meet the kingdom’s growing demand. Bahrain, like its Gulf Arab neighbours, saw demand for natural gas rise rapidly as its economy grew on...